HELOC then refinance

[Erik Williams]

I am just getting started with real estate investing and had a thought about how to finance my next rental property. Do you think it would it be easier to get financing for the property if I first bought the rental property with cash, then refinanced it later on once I had a renter in the property? I currently have money in my HELOC and some cash saved up to make this happen. My thought process is that I could buy any property I wanted without dealing with the whole loan process and all the hoops you have to jump through with them. Also, I would have a stronger offer with an all cash offer. My only concern is not being able to get financed later and having all my investment money tied up in one property.Thanks for all the help and knowledge.