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Updated about 12 years ago,
Cash strategies
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!