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How to Buy a House at an Auction Without Having Cash

HomeLight

With these caveats in mind, here are ways to finance a cash purchase at auction. Get a hard money loan Hard money lenders are financial institutions that lend money to people with less than stellar credit or complicated finances in order to buy assets such as real estate.

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Flipping Houses in Florida: 5 Cities to Consider

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Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Financing your flip in Florida Purchasing a home to flip with cash is almost always going to be in your best interest — however, not all investors have that kind of funding.

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Flipping Houses in New York: 5 Cities to Consider

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Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. According to the real estate investment lending site New Silver, the average Fix and Flip investors in New York are generating $56,400 per flip.