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I pay all cash for my fixers, why not?
Typically investors and people of money know the value of that money and the value of OPM. That is using Other People's Money (OPM). 
Currently you may buy one home at a time and make $50,000 or hope to with each one. It takes you three months to complete the construction and then you sit on it as you attempt to sell it yourself. Trust me on this, a Realtor can sell it faster and you don't get any less profit. If you are the investor, the contractor, hiring the sub contractors, and the sales team. you are not so smart. I call that someone with dollars and no scense (cents).
Think of it this way: you purchase one at a time now all cash... vs purchasing two or three per month with the same money. Instead of turning one each three months, you will turn three over in three months, then three more the next month and three more the next month. That would be about $150,000 per month profit for three months, the forth month and the fifth month, by using OPM. That means you turn $450,000 profit with the same investment. Either you are an investor or you ... more

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