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Updated almost 7 years ago,
Buying rental properties all cash
Hi everyone. All I have heard preached is to leverage your financing when it comes to investments. My mindset is telling me that if I can make large amounts of money through wholesaling and eventually flipping, I could reach my $5000 rental cash flow goal faster if I buy my rentals cash instead of leveraging with banks. I would rather pay a lot more money upfront now to get my bigger rental spreads and reach my goal faster then leverage and make a fraction of the spread. What do you guys think about this? I would love to hear from you experienced investors. Have a great day and thank you!