Is it worth it to buy the house in cash or Finance it

[Thomas Hage]

Im looking at a house in Pa that i can buy for $45k. Should i buy the house for cash or should i Finance it? I will be getting $1050 a month in rent

[JD Martin]

There's no right or wrong answer to this. If you have no other plans to buy other houses or no other plans for the cash, then it would make no sense to finance. If you want to keep buying more houses with the cash, or want to use the cash for other investments, or just to have it on hand, then it would make more sense to finance.

Most people are financing today in some fashion, whether a cash-out refinance or just a straight-up loan out of the gate, because interest rates are so historically low. If we were back in a 10% interest rate environment the discussion would be different. 

In either case, if your numbers are right that's a great return.