All Forum Posts by: Ethan Bruland

We would finance through a bank around 5-6%, so a reasonable interest rate.  We've financed 3 rentals since March, so the debt service is getting overbarring.  If we use the mutal fund cash on the property, we could then borrow against the house for the remod.  Compared to financing the purchase price AND the remod cost.  I'm confident we can increase our return on this flip vs the mutual fund return of 5-10%. 

I'm looking at a possible flip and can't decide the best method of financing.  We have some cash in mutual funds and are wondering if it's wise to pull that out and pay cash then finance the remod....Or save the cash and finance 100%.