CASH FLOW DAD
Frequently Asked Questions (FAQ)
Cash Flow DAd is here to help!
Question: Will you be listing my house on the MLS or actually buying it?
Answer: Great question. We’re not real estate agents, and we don’t list houses. We are professional home buyers. We buy houses in the Central Florida area that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental property.
Question: Do you pay fair prices for properties?
Answer: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on the property. We can offer cash, we close very quickly (no waiting for financing), and no time, effort or expense is required on your part to fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast, let’s come to a fair win-win price together. It’s always good to know what we’re offering. Our no-obligation offer means that you do not have to move forward if you’re not comfortable or not ready at this time. We completely understand.
Question: How do you determine the price to offer on my house?
Question: Are there any fees or commissions to work with you?
Answer: This is what makes Cash Flow Dad stand out from the traditional method of selling a house. There are NO fees or commissions when you sell your house to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house. We’ll pay for the closing costs too! No hassle. No fees. We make our money after we pay for repairs on the house and sell it for a profit. We’re taking all of the risk here on whether we can sell it for a profit or not. Once we buy the house from you, the responsibility is ours and you walk away without the burden of the property and it’s payments. Often with cash in hand!
Question: How are you different from a real estate agent?
Answer: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Often, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Can you wait 6-12 months to sell? Are you ok giving up some of that sale price to pay for commissions. That’s where Cash Flow Dad is different. We’re not agents, we’re investors. Since we pay with all cash, we can make a decision to buy your house very quickly. Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).
Question: Is there any obligation when I submit my info?
Answer: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for both of us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us. If you’re ready, great! If not, let us know when you are. We’ll be there when you need us. It’s your decision and you decide what’s right for you! We’re here to help.