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My guess is that many people do not have cash to fund their flips and when you start to expand your number of flips, most people will run out of cash at some point. I use cash when I have it and tap lines of credit as needed to fund my flips. My philosophy is that I would rather put the cash to use than pay interest just as you have already alluded to.
growth is the reason people like to avoid cash
nothing wrong with OPM if the interest rates are attractive. Then your cash is free to do other deals
Would you rather have one deal going that would net you $25,000 or 3 deals going that would net you $15,000 each totalling $45,000?
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