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Susana Walls
  • Homeowner
  • Tampa, FL
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New to the fun - Tampa, FL investment newbie funding question

Susana Walls
  • Homeowner
  • Tampa, FL
Posted Apr 27 2015, 07:34

Hi everyone,

I am a new investor looking to find my first rental property (a duplex or triplex) in the Bay Area and I am beyond happy to finally be at this point in life where I can do this.

While I do have the money to buy a property within my budget in cash, is it wise to tie up all the funds in that manner? I heard something about financing AFTER the cash purchase is made and this getting me the property I want and getting the money back to work on more deals.  Is this what is usually done? 

Any guidance is appreciated.

Susana

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