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Updated over 5 years ago,
All cash or finance a property?
So just wanted to get your thoughts, would you buy a property for $450k, pay cash or finance it? It’s a brand new property with yearly property taxes less than $1000. The rent you can get is $43k per year, paid upfront. If you had the cash, is it worth it for this kind of cash flow? Refinancing is not an option and the property might not be as easy to sell in the future. Worth it?