Grow your real estate investing business with the most competitive and transparent private lender for bridge loans (hard money, fix & flip, rehab, ground up construction), DSCR rental loans.

Private Lender for DSCR Loans and Fix & Flip Loans | OfferMarket

Private Lender for DSCR Loans and Fix & Flip Loans

### What is a short sale?
A short sale is the sale of real property in which with proceeds will not cover the outstanding mortgage principal (loan amount).

A short sale is a sale of real property in which with proceeds will not cover the outstanding mortgage principal (loan amount).

Short Sale - Real Estate Glossary - OfferMarket

What is Short Sale in real estate?

## What is a Cash Backed Offer?

 

A cash backed offer means the buyer's offer is guaranteed by a [power buyer](https://www.offermarket.us/real-estate-glossary/power-buyer) and therefore there is no financing contingency and reduced appraisal contingency risk.

 

A buyer who submits a cash-backed offer is working with a mortgage lender, usually the power buyer, to fund the purchase of a property. If there is a delay or financing falls through, the power buyer steps in and purchases the home in cash on behalf of the buyer and works with the buyer after the transaction to secure a mortgage on the property.

 

This empowers the buyer the ability to make what is effectively a cash offer, significantly increasing the probability of the offer being accepted.

 

[Power Buyer](https://www.offermarket.us/real-estate-glossary/power-buyer) services enable these cash-backed offers to help home buyers provide a superior offer and get their offer accepted. 

 

## Cash Backed Offer Financing Contingency

 

With a cash backed offer from a power buyer, the buyer can submit an offer without a financing contingency. This give the buyer an advantage because an offer without a financing contingency is more attractive and desirable to the seller.

 


## Cash Backed Offer Appraisal Contingency

 

With a cash-backed offer, the power buyer can assist the buyer in the event the appraisal comes in lower than the purchase price in the contract. The power buyer can help bridge the appraisal gap by reducing the buyer's closing costs. This increases the probability that the transaction will close successfully without significant delays.

 

## The Rise of Power Buyers and iBuyers

 

- [What is an iBuyer?](https://www.offermarket.us/real-estate-glossary/ibuying)
- [Mike DelPrete Research: Power Buyer, iBuyer](https://www.offermarket.us/blog/mike-delprete-research-ibuyer-power-buyer)

Through cash-backed offers, power buyers  provide buyers the ability to make what is effectively a cash offer, significantly increasing the probability of the offer being accepted.

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Cash-Backed Offer - Definition - OfferMarket Real Estate Glossary

Cash-Backed Offer

#### What is a SFR? 🏠

 

The abbreviation SFR stands for single family residence. SFRs can include the following housing types:

 

- Detached home
- Townhome

 

#### Are SFRs a good rental property investment?

 

SFRs -- much like duplexes, triplexes, quadplexes and multifamily -- can make a great investment. As with any investment, it all depends on the quality of the asset, the purchase price, and the local market conditions. Here are things the most successful single family rental property investors focus on:

 

- [Cap rate](https://www.offermarket.us/real-estate-glossary/cap-rate-capitalization-rate)
- [Cash on cash return](https://www.offermarket.us/real-estate-glossary/cash-on-cash-return)
- [Free cash flow](https://www.offermarket.us/real-estate-glossary/free-cash-flow)
- Construction (year built, materials used, building quality)
- Local market trends (population growth, housing market appreciation, supply and demand)

 

The single family rental property asset class has grown tremendously since the 2008 subprime mortgage financial crisis with the likes of Blackstone (Invitation Homes), and American Homes 4 Rent each owning more than 50,000 detached single family homes in their portfolios.

 

#### How do I find SFRs for sale?

 

The availability of quadplexes varies based on the local market. Here is where you can find your next quadplex investment property:

 

- Zillow
- Redfin
- OfferMarket
- Facebook Marketplace
- Craigslist
- Local wholesaler [buyer's list](https://www.offermarket.us/guides/real-estate-wholesaling-how-to-build-a-buyers-list)

 

#### Related concepts:

 

- [SFR](https://www.offermarket.us/real-estate-glossary/sfr)
- [Duplex](https://www.offermarket.us/real-estate-glossary/duplex)
- [Triplex](https://www.offermarket.us/real-estate-glossary/triplex)
- [Fourplex](https://www.offermarket.us/real-estate-glossary/fourplex)
- [House Hacking](https://www.offermarket.us/real-estate-glossary/house-hacking)

An SFR is a single family residence. This is either a detached house or a townhome. There's more to learn about SFRs at OfferMarket.

SFR means single family residence - OfferMarket real estate glossary

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SFR - Real Estate Glossary - OfferMarket

What is SFR in real estate?

### What is an ADU?

 

ADU stands for "accessory dwelling unit". An ADU is a smaller residential dwelling unit - commonly referred to as a "granny flat", "secondary suite", "accessory apartment" - located on the same lot as a larger detached single-family home.

 

### Related concepts:

 

- [SFR](https://www.offermarket.us/real-estate-glossary/sfr)
- [Duplex](https://www.offermarket.us/real-estate-glossary/duplex)

An ADU is an Accessory Dwelling Unit, which is also referred to as a "granny flat". There's more to learn at OfferMarket.