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Updated over 4 years ago on . Most recent reply

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9
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Aije Redmond
  • Rental Property Investor
  • Detroit, MI
2
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9
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Free & Clear Rentals

Aije Redmond
  • Rental Property Investor
  • Detroit, MI
Posted

Anyone investing using straight cash vs pulling out loans to buy property?

I realize everyone is not in positions, according to their market, to pay cash for properties, but who’s taking the all cash route?

Most Popular Reply

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2,137
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Joe Homs
  • Flipper
  • Mission Viejo, CA
1,099
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2,137
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Joe Homs
  • Flipper
  • Mission Viejo, CA
Replied

@Aije Redmond why would you tie up all your cash?  If you have $100,000 and want to buy a property and spend $100,000 then you have one property.  If you take the same $100,000 and buy only putting 20% down you can buy 5 properties.  What works better for you?  Obviously you want them all to cash flow.

Good Investing...

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