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Updated 9 months ago on . Most recent reply

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Eric Justice
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Buying property-All Cash

Eric Justice
Posted

It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the option to lease or live in the property. Buying assets in all cash can increase savings over time. Overall, this is the most secure and reliable form of real estate investing. 🏠👍

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Melanie P.
  • Rental Property Investor
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Melanie P.
  • Rental Property Investor
Replied

For most people starting out all-cash is not an option. Another way of looking at this is how much appreciation did you give up while saving to do the transaction all-cash. In economics this is called an "opportunity cost."

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