Updated about 6 years ago on . Most recent reply
How to make my first ou of state investment
First post ever. Lol.
I came across some extra money so I’m going to make an investment out of state very soon.
My question is what kind of advantage do I have buying a house with an all cash offer vs bank financed?
Originally I wanted to finance multiple homes but I feel I can get a better deal by offering an all cash offer. I can always refi up to 75% after I get the home using cash and reuse the 75% on another home. Is this a good strategy to find a good deal?
I appreciate your thoughts and help.
Cesar