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Updated over 9 years ago on . Most recent reply

User Stats

78
Posts
46
Votes
Jordan B.
  • Washington, IN
46
Votes |
78
Posts

Cash and then Finance?

Jordan B.
  • Washington, IN
Posted

I am in the process of picking up my first few investment properties. My question is this. Is there any advantage/disadvantage to buying a house all cash and then financing after. I realize the advantage on the better offer to seller side, more interested in the financing side. I am approved for commercial loans, that's not the issue. I have the cash to front on a few properties at a time but definitely want to have them financed in a reasonable amount of time for the sake of leverage. So in short, is this even an option, will it save me or cost me in the end? Thanks everyone!

Most Popular Reply

User Stats

78
Posts
46
Votes
Jordan B.
  • Washington, IN
46
Votes |
78
Posts
Jordan B.
  • Washington, IN
Replied

@Andrew Syrios you kind of read my mind on that. I do want volume increase but I am starting out with a set amount of out of pocket capital. I was hoping I could buy under value with cash, then cash out, thus not tie up as much of my capital in every deal (80/20). So my best option would probably be to finance and try to refi some equity out as soon as possible?  Thanks!

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