Posted by CurtNY on February 26, 2002 at 20:58:24:
As the saying goes “Cash Is King” my experience has always been cash, now when I say cash I don’t mean show up at the table with a briefcase full of the green stuff. Hard Money Lenders are good sources. Some banks will even fund the purchase themselves, but you need good credit, and money down. But usually they know the condition of the property and just want out. On the $5,000 purchase, if its a good deal offer $3,000 all cash. At that number just use a credit card. Best of luck.