Did You Know?

Delayed Financing helps cash buyers achieve greater… 

  • Leverage
  • Liquidity
  • Diversification

 Until a few years ago, if a property was purchased for cash, the buyer had to wait a minimum of 6 months until a cash-out re­finance could be used to release some of that money and let it be put to other use. Now, instead of waiting 6 months before being able to do a traditional cash-out refinance, the Delayed Financing refi must take place within 6 months of the original cash purchase!

Cash buyers can…

  • Use cash as a negotiating tool with the seller, then take out and reinvest some of that cash after closing to put it to work at a higher rate of return.
  • Borrow from a retirement account to close a clean cash deal, then repay that account quickly to reduce or avoid fees and penalties.
  • Have the peace of mind that cash is in a more liquid (there’s that word again) investment than real estate, which can tie up funds until the property is sold.

From Iltis Lending Group

Living in Sarasota, September 2019
A publication of S&N Real Estate, Inc.

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