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Meet Bill Rapp

NMLS ID # NMLS # 228246

William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.

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Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.

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šŸ  Beat the Cash Buyers! Winning Offers Without Breaking the Bank šŸ’„

🧠 How to Outbid Cash Buyers Without Overpaying šŸ’ø (Smart Strategies for Homebuyers)

June 06, 2025•2 min read

🧠 How to Outbid Cash Buyers Without Overpaying šŸ’ø (Smart Strategies for Homebuyers)

šŸ  Beat the Cash Buyers! Winning Offers Without Breaking the Bank šŸ’„


🧠 How to Outbid Cash Buyers Without Overpaying

In today’s competitive housing market, cash buyers can feel like unbeatable opponents—no financing delays, no appraisal contingencies, and fast closings. But here’s the truth: you CAN beat cash buyers without blowing your budget—if you know how to play your cards right.

As a mortgage broker helping buyers across Houston and beyond, I’ve seen firsthand how financing clients can strategically structure offers that win—even over all-cash competitors. Here's how:


šŸ’” 1. Get Fully Underwritten Pre-Approval

Most buyers stop at a pre-qualification letter. If you want to compete with cash, you need a fully underwritten pre-approval. This shows sellers you’re just as serious and nearly as fast as a cash deal.


šŸ’¼ 2. Work with a Skilled Broker Who Moves Fast

Cash buyers often win on speed. But brokers like us can work with lenders who close in as little as 10–15 days, putting you nearly neck and neck with cash.


šŸ’° 3. Make Your Offer Stand Out—Without Raising the Price

Instead of overpaying, add terms sellers love:

Ā·         Waive minor contingencies

Ā·         Offer a leaseback period

Ā·         Increase your earnest money

Ā·         Use an escalation clause with a cap


šŸ” 4. Know When to Lean on an Appraisal Waiver

Some mortgage programs allow appraisal waivers based on automated underwriting systems. This removes a key obstacle and makes your offer less risky in the seller’s eyes.


🧠 5. Use Strategic Offer Positioning

Cash buyers don’t always have flexibility—YOU do. With the right team (broker, agent, and lender), you can tailor your offer to each seller’s needs, whether that’s timing, repairs, or flexibility.


You don’t need to be rich to be competitive. You just need the right strategy, the right mortgage partner, and a bit of confidence.

Ready to outsmart—not outspend—the competition? Let’s win your dream home together.


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Ā© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory


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Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: • Fixed-rate mortgages: Offering stability with predictable monthly payments. • Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. • FHA loans: Making homeownership accessible with lower down payments. • VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: • Purchase loans: Financing the acquisition of new buildings or land. • Construction loans: Facilitating the development of your project. • Refinance loans: Restructuring your existing mortgage for better terms. • SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: • Expertise: Our brokers have a deep understanding of both residential and commercial lending. • Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. • Streamlined Process: We handle the paperwork, keeping you informed every step of the way. • Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

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This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright Ā© 2021 | Medallion Funds


Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014

Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/

Copyright ©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246

This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply

Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/