How to finance a deal...

[Jennifer Hillberg]

Hi,

I'm looking at a property (a duplex in disrepair). I can afford its asking price and the repairs needed with money I've saved up. I want to make other real estate investments after this one -- but I'm new at this, so I can only do one deal at a time (so, what I'm saying is that I don't mind that my money is tied up in one house).

Should I:

A) Get a loan and buy the house that way

B) Just finance the deal myself and then refinance later and get cash out (to invest in other projects)

C) Do something that I haven't thought of

Jennifer