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Updated about 9 years ago,
Pay with Cash
I am thinking of buying a home for 22000 that needs about 25k worth of work.
ARV is $88,000. I have just enough cash to buy house and pay for repairs. I am concerned about having 95% of my cash in the house. Any creative ways to keep more of my cash? Can I pay for the house in cash then mortgage the repairs? Or is there a better solution out there?
Thanks-
Cheers-
Dan-Ohio