Would you buy an apartment building in cash or rather finance it ?
Nov 26, 2009
in
Commercial Mortgage FAQ
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8 comments
SndChaser on November 26, 2009 at 2:52 am
I’d finance it. Leveraging other people’s money allows you to invest more of your own.
J F on November 26, 2009 at 2:52 am
I would pay for 80% of it cash and finance the rest. helps your credit. keeps the mortgage low enough that you still make good money.
dther99 on November 26, 2009 at 2:52 am
i don’t think any one knows!
celine8388 on November 26, 2009 at 2:52 am
finance it
djb5474 on November 26, 2009 at 2:52 am
finance it….you can get a tax write off on the interest you pay, you can invest the cash you would use to pay for the apartment and most likely earn back more than what you are paying for interest.
muncie birder on November 26, 2009 at 2:52 am
I would finance it and use the money I had left over to purchase and finance 6 other apartment buildings.
uckeriz on November 26, 2009 at 2:52 am
everything pay with cash is always better than credit.
since credit even mean make it more affordable,but there is element of interest.
so if u dont have money problem,sure is better if u pay with cash.
the disadvantage of paying with cash in buying something is being approached by tax man afterward and is eating our cash.
Studly on November 26, 2009 at 2:52 am
This isn’t an insult, so don’t take it that way.
If you really need to ask this question, you shouldn’t be investing in real estate.