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Updated about 9 years ago,

User Stats

41
Posts
8
Votes
Daniel Lehman
  • Lockport, NY
8
Votes |
41
Posts

All cash or financing?!?

Daniel Lehman
  • Lockport, NY
Posted

Hello, I am a new member to BP and currently saving up to invest in real estate with my cousin as a partner (also currently working on getting my real estate license). We decided on renting out small multi-families to start and working our way up to getting apartment buildings with the occasional fix and flip. We plan on financing our properties with mortgages and finding a local portfolio lender. 

My question is this - once we are in a position to do so, should we switch to purchasing our properties with all cash, or is financing a better way to go? I understand there are leverage benefits to financing but I would like more feedback on which is the better way to go. 

Thanks for any and all replies!!

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