Financing from beginning vs cash buy then refinancing

[Sunir Joshi]

I was wondering if there is a financial difference between conventional financing for a SFH from the beginning, vs buying cash then refinancing once you own the property (closing costs, interest rates, etc)?

I'd like to have the option to buy cash and close quick to maintain a competitive advantage, but ultimately want to finance the property for a higher leveraged return. This is assuming no forced appreciation, or change in ARV.

[Harjeet Bhatti]

@Sunir Joshi Buying cash certainly give you advantage over other bids but its not true in all cases specially assuming in your loan scenario. Sometime delayed financing ( cash out) is not a good option. Discuss all the options with your lender and make sure you get both presentation  cash out and purchase comparison so you take right decision.