705: Q&A: Should I Use Cash or Leverage? - Episode 705
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 18 January 2021
⏱️ 17 minutes
🧾️ Download transcript
Summary
On this Q&A edition of Investing in Real Estate, I'm tackling three of your questions about leverage, paying off debt while investing, and the best way to put an existing investment to work. Press play to hear my answers to your real estate questions!
Transcript
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| 0:00.0 | Hey everybody welcome into the investing in real estate show I'm |
| 0:08.4 | Clayton Morris so glad to have you here this is the show where we aim |
| 0:11.0 | to help you become a more intelligent real estate investor and those of you who are more advanced or are just getting started |
| 0:17.0 | It doesn't matter. I'm sure you can find something in here among these questions from our listeners that will help you grow in some way. |
| 0:25.7 | So this is our Q&A episode where you ask questions and I get to answer them. |
| 0:29.3 | I try not to listen to these ahead of time so I want to be fresh and hearing these for the |
| 0:33.1 | very first time from you you can leave us a voicemail question simply by going to |
| 0:37.1 | Morris Invest.com slash Clayton again that's Morris Invest.com slash Clayton, |
| 0:42.9 | and leave us a 30 second voicemail question |
| 0:45.3 | if you would like. |
| 0:46.0 | Anything about real estate or finance |
| 0:48.2 | or a combination of the both. |
| 0:50.1 | So without further ado, we've got three great questions from different viewers today, |
| 0:54.5 | and we're going to get started with, I believe this listener is, his name is, hey, |
| 0:59.5 | H-A-I. So I apologize if I'm not pronouncing it correctly, but hey, hey, here you go. |
| 1:05.0 | Hello, Clayton, a long-time listener, first-time caller. |
| 1:09.0 | A plan is, the overall strategy and plan is to buy as many houses we can with a little bit of cash we have and the equity we have. |
| 1:16.3 | Generally is it better to buy a property with cash and then do a refi or a helock |
| 1:30.0 | opposed to buying the house with a mortgage and then running into, you know, the Freddie and Fannie limit of 10. So again, the plan is to buy as many houses as possible, and it's generally better to buy a property with cash and refy it, or buy the house with a mortgage from the beginning. |
| 1:41.0 | Hopefully I make it on your show, keep up the good work, |
| 1:46.0 | and look forward to hearing from you. |
| 1:47.4 | Thank you. |
... |
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