Paying cash for flip/investment property

[Brandon Benton]

I️ know it’s popular to “leverage” any cash on deals but it just seems better to wait till I️ could pay cash for anything. That way it’s owned outright and don’t have to stress tenants as much not paying or a flip not selling right away. Just wanna know some people’s experience with this. Thanks.

[Alexander Felice]

Problem with your logic is that you're trading risk for time.

time is WAY more valuable, and the risk is far less than you're assuming.

This strategy makes it impossible for you to scale. you can increase your wealth and income exponentially by using leverage and the risk does not increase by a direct correlation. Also, as you grow REALLY big, your risk starts to go down with economies of scale

Stress is a factor of emotion, not mathematics. The mathematics favor using leverage, the more you understand this the less emotional stress you will experience.

for the record: I used to think being debt free was ideal as well, and now I think that's crazy talk. I encourage you to keep learning.

Good luck!