Should I pay cash for a BRRRR investment?

[Osvaldo Granillo]

Hello everyone, we are looking at buying a property to BRRRR with a value of $72,000. We have heard from our realtor that they are starting to bid above, but we face a decent shot if we offer to close in cash.

This property will take roughly $30-$35,000 in rehab costs with an around $135,000. Is it wise to tie up this much cash or is it recommended to wait for another property?

Thanks in advance!