Both have been acquired with traditional commercial financing (6% @ 25yr amm.). apartment with no moneydown (actually walked way with $40k and <10% money down on the multi-use property.

Pros for cash buying:• You can often get the property cheaper because you can close quicker than someone attempting to buy with traditional fundings• You can do a cash out re-fi if you fix the property up and get it rented so that you can leverage that money on a new dealCons:• Your repair costs may be more than anticipated • Your money is now locked up in a deal and you may lose money if the deal goes south• Doing a cash out re-fi may take a while to get doneCash buying is a great way to employ the BRRR (Buy, repair, rent, refinance) strategy that is often talked about here on BP.

You make your money when you buy, etc.If I were to buy a 3 br 2 bth single family in a desirable neighborhood, no repairs needed, traditional financing with a 30yr fixed rate mortgage, would i be making a bad investment if I purchased the property through a realtor?

You make your money when you buy, etc.If I were to buy a 3 br 2 bth single family in a desirable neighborhood, no repairs needed, traditional financing with a 30yr fixed rate mortgage, would i be making a bad investment if I purchased the property through a realtor?

Traditional RE, working with investors, working with new buyers, holding a proper open house.

Do some people have some different stories how they bought properties in some non-traditional ways?

SHOULD I use the equity as leverage to invest in another property or should I just go through a traditional mortgage to buy the 2nd piece of property?

I firmly believe in this deal but if they’re out I need to go a more traditional route.

My husband did it the non-traditional way too!

3)  Do you wait a year to renovate the property (considering question #1)4)  If you do wait a year and you use hard money to purchase the house, do you take out a traditional rehab loan at the end of year one or continue the hard money loan till the end of rehab (16-18 months total)?