Condo Rentals

[Erik Bruckner]

Hello! I'm 27 years old and new to real estate investing. Im very eager to get advice. My family just sold a business and I was gifted a large sum of money from the sale.  I am interested in investing in condominiums and renting them out.  I was wondering if it would be a better strategy to pay cash or take out a mortgage. If I have the cash to fund the purchase, wouldn't that make the most sense? Look forward to hearing some thoughts, thanks !