Question: Should I buy cash and then refinance?

[Rachel Heslep]

Has anyone had any luck negotiating a property down in price through buying all cash, then renting the property out and then refinancing? 

[CJ M.]

@Rachel Heslep

I think that's a great strategy if you can refi and pull your original cash out. Like the other member mentioned, financing costs money so plan for it...especially if you escrow your taxes an insurance. I've found my lender fees to be anywhere from $1,500-$6,000.