Cash Only
I was reading "The Book on Flipping Houses" and I am very curious why you wouldn't use cash to fund your flips. I could see financing deals while starting out but if you had enough cash to run the business without borrowing any money why would you choose not to? In the book J Scott talks about lender fees and Mortgage payments which total $4500ish/deal just to make the deal. I am super new to this. Am I missing something here? Could you go into detail why you would choose financing over using cash for your flips. Thanks