Updated over 12 years ago on . Most recent reply
Is this smart?
I do not like to borrow money.Is that so wrong. I feel comfortable paying cash for my properties and then hope to sell for a 15/25% margin within 4 months. Spending about 50-80k per house including rehab. Many people tell me that its not good use of my money. Thoughts are appreciated?
Most Popular Reply
If you have the cash I think its a great idea. you can get a better deal if you can offer a quick closing with cash. your paying no interest if it take a little longer to rehab and sell.