Cash or Mortgage

[Shane Shahan]

Hello All,

I am looking at purchasing my first investment in the real estate world. I am able to do a lot of the work myself so I am going to do a live in flip. Anyway, I need some advice on the best way I should pay for the house. 

The house is a good enough price that I could buy the house with cash and get a loan to redo it.........or..... I could get a loan/mortgage on the house and use the cash I have for the work I'd have to do. 

What are is the best option? Is there anything that maybe I haven't thought of?

Thanks ahead of time for any help on this!