Pay with Cash

[Dan MacDuffie]

I am thinking of buying a home for 22000 that needs about 25k worth of work.  

ARV is $88,000. I have just enough cash to buy house and pay for repairs. I am concerned about having 95% of my cash in the house. Any creative ways to keep more of my cash? Can I pay for the house in cash then mortgage the repairs? Or is there a better solution out there?

Thanks-

Cheers-

Dan-Ohio

[Franklin Romine]

Pay cash and close on the house and then your mind will start working.  

Frank