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Updated about 12 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Mitch Monmouth
  • Seattle, WA
1
Votes |
9
Posts

Cash strategies

Mitch Monmouth
  • Seattle, WA
Posted

What are some of the best strategies to start with when a reasonable amount of cash is on hand?

My initial inclination is to purchase cash flow potential properties at distressed prices from wholesalers and/or struggling owners in the Detroit metro area (as I have a partner there to do contracting).

How can I best leverage cash on hand to get discounts?

How can I releverage cash once a property is purchased for cash? Is purchasing cash even the best strategy?

How can I maximise return?

Is it possible to get a line of credit for purchasing multiple properties?

Thanks for any tips or suggestions!

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