Updated almost 10 years ago on . Most recent reply
Cash out loan verses traditional mortgage
I'm going to buy 2 condos in 2 different cities where my kids go to college. I can pay cash for the first, but it will eat up all of my capital. So should I pay cash for it and o the $5000 in repairs so I can close quickly and get bottom dollar and then take a cash out mortgage to buy the second one since it will then appraise for more OR should I just finance each condo separately?