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That's why "cash in hand" was one of their selling points.

If the buyers had to get loans, sell other assets, etc to make it happen, it would introduce risk - in delay, extra negotiations or even total failure - for the seller.




Having your financing together is going to give you a leg up in a competitive deal for sure. Of course not all deals are competitive so it might not matter. In some cases your bank will give you a letter saying they are willing to lend you $X under reasonable circumstances which might help you get in the door with with sellers by convincing them you can close even if you don't actually have the cash upfront.




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