Cash At Close
Not sure i am in the right forum here or not.
I hear about people getting cash back at close and was curious how this is done? I have done a few deals but it has always costed me several thousand dollars up front to get things going. I have done addendums on my pesonal residences where the seller has given me money back after closeing, is this what people reffer to when they say "Cash back at Close"?
Also when dealing with a bank owned property is it possible to get cash back at close?
Just curious! It would be great to get some of the upfront fees back at closing that are associated with dealing with hard money lenders. At least to free up more $$ incase another deal should pop up.
Thanks
Ron
Anybody?
when I bought my house there was $7500 in "repairs" that the seller paid for to me thru escrow.