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Updated about 8 years ago,
Cash or Finance for purchasing first rehab home
Hello all,
I'm a newbie wanting to invest in the house-flipping opportunity. I have over 100k in liquid assets available anytime . My question is should I use my own cash to purchase distressed property, or should I finance 50% of the purchase and 50% of my own cash towards the. Purchase? The remaining liquid asset I have use it to renovate ? Again , I'm new to this so I won't get offended my any comments .
Thank you
Brian