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Updated over 4 years ago on . Most recent reply

Pay Cash for 1 Property or use financing for 4 Properties?
So if I've got $80k cash, should I....
A. find a discounted property (in my market) to repair, get rented, refinanced, and repeat (BRRRR it's cold!)
or
B. Find 4 turnkey rentals (open to any U.S. market) for up to $100k each (assuming I'd have to say byebye to the cash for the down payments).
Would love to hear thoughts on this.
Thanks!
Most Popular Reply

Ask this exact question in google and you’ll find very detailed scenarios of using leverage and using cash. The wealth difference of using leverage is huge. Why not borrow at 3.5% and make 9-13% in the money?