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Updated over 13 years ago on . Most recent reply

User Stats

168
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40
Votes
Jonathan Sher
  • Saint Louis, MO
40
Votes |
168
Posts

Use Cash Now?

Jonathan Sher
  • Saint Louis, MO
Posted

Hello, BP friends. Currently I am purchasing single family homes for rentals. Fortunately me and my two partners have our own cash to purchase these houses at 20-30K a pop split three ways. Eventually I want to use debt to leverage and I was wondering if I should seek financing now, and not burn a lot of cash since I heard cash of refi's are extremely hard to do right now. What would you do?

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