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Updated over 7 years ago on . Most recent reply

Starter Plan with cash from a refi
We recently refinanced our home and got 30k out with the intent of buying a home (using hard money) to rehab, rent or owner finance (exit strategy would depend on the deal). Since we don't need 30k for a hard money loan I am thinking about using 2-5k for marketing (bandit signs, mailers, door flyers) and keep the rest handy for a purchase (or two). I want to be able to move quickly (I missed an opportunity yesterday) but am still tentative. Am I on the right track? Any and all thoughts are welcome, thanks!