Purchasing House With Cash

Is it a good investment to purchase a house with all cash, without the worries of mortgage payment?
What are the disadvantages to this ?

Comments for Purchasing House With Cash

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Aug 04, 2014
 Investors real estate
by: Jessica Ruby

Your post is really collection of such useful information and I personally would like to appreciate the efforts. Once again thanks for your post.
Oct 09, 2013
 RE: Purchasing House With Cash
by: Tom Karadza

Sure it's a great idea!

The down side though, is you're not using the power of leverage to control more assets. If you are in retirement and need income then "all cash" is great; but if you can handle a little stress then our approach would be to buy 4 with 20% down (as long as they all cash flowed) and gain the benefit of controlling more assets with the same amount of money.

Hope that helps!

Tom

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