Which is Better: Buying Properties with Cash or Financing a Mortgage Loan?

[Evoque.]

It's a beautiful feeling waking up each morning mortgage free ...buy cash if its ur family house. If its investment then loan.

[galaxygolden]

If you have the $ I would do half and half. 50% down and the loan is real small. Still reap the benefits

[wilfredomancia]

What´s if the local loan interest rate is 7% and the rent is around 4 to 5% but you have the own money to buy the house?

[Askosten]

If anyone has questions ask here, ill answer

[samsamsam]

Yes but if the property has no well or septic banks don’t loan.
May I ask a question?

[riderhard]

Correct, where I'm at loan in 6.8% and rents are at 3-4%, tough to get any real cash flow. And they want that 20% down. We can thank the Dems for screwing things up!

[doggie]

Whose rich you or the bank ? They have lots of money and you don’t for a reason

[sweetserenitysg]

What can I do 😢😢😢 I have good credit about 780 points, I had pay my bills on time… 2 weeks ago I went to BofA and they told me I can’t money for buy a house … cause I have no any property …. What I can do ? I don’t want pay $200, 00 for apartment each year …

[Nemo]

Buy Cash!!!! You still have the money stored in an asset, appreciating and hedging against Inflation. You're producing way more cashflow, paying less interest, and you have 0 risk.

You can always loan against the property if you need to extract some Tax free money and pay it back over time.

Horrible Advice

[nabinkc]

You should better elaborate on it and give genuine information

[forwardthinking]

Can you just do that with cash and keep more of the spread