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I’m learning and planning to acquire two units in the next 12 mos. My question is should I pay cash for the first and finance the second? Ideally I’m thinking 1sfr and 1mfr. Any suggestions ?
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Hi BP Community,
Can some BRRRR investors please share their thoughts on using cash vs financing when implementing this strategy? Please see my thought process below:
I haven't come across any posts on the using cas...
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I have a question around cash purchases. I'm in a very fortunate position to have a family member willing to front the cash for an all cash offer on a home for me. Ultimately, we want the name on title to be me and I'...
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First time getting into REI and my current plan is to buy with cash. Is that generally not a great idea?
Right now if I keep $340k in the bank at 4.5% I would earn $15471 in interest in a year.
If I use that...
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Yesterday a somebody told me that he could have bought an apartment building in my city during the lockdown with almost 30% discount because the buyer needed liquidity urgently. This rose up a question in my head. I t...
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I have been looking over a lot of threads on seller financing.
Typically I see a lot of people talking about making your cash offer and 1 or more financing options as well.
Question is how do you determ...
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Hi All - been using cash to purchase properties, but now may have to turn to financing to acquire more properties this year. My goal is 3-4 more single family homes this year (rentals, and perhaps a flip if it's the r...
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I understand the first half of this strategy... By buying a property in cash, it gives someone the upper-hand in negotiations vs someone using conventional financing. Then when the deal is done, refinance the property...
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I’m just starting out in commercial real estate, so the banks (community banks) are giving me standard rates. (5% interest, 20 year amortization, 5 year balloon payment, with 20-50% down). With these rates I’m having ...
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My credit cards usually offer the opportunity to transfer balances or take cash advances with 0% APR for 12-18 months for a one-time fee of 1-3% depending on the current offer. How come I never hear of anyone using th...