Who's money is best !!!

[Keven C. Smith]

Good morning all !!! I am new to investing and to the Phoenix area. What is the best way to buy investment property? I have a large a amount of cash to buy my first property, but have heard people in past say , use other people money and not your own. I don't like having to many hands in my pot and the cash is there to invest. what do you think is best?

[Joe Villeneuve]

If you can buy/rehab using only your own money then you can become your own bank in a sense.  Buy/rehab a property, refinance all your cash back out, and keep repeating this until you get tired of it.

2 Golden Rules of REI I follow:

Rule #1`:  Never under any circumstances spend your seed money...use it over and over again.  There is a difference between spending and using, as in the difference between a cost and and expense...even though you may be using the same dollar amount for the same thing in both cases.