cash or loan? meowi2022-04-27 20:11:19

I am buying a 500K house for rental.  I got a quote ( months ago) for 4.875% 30 year fixed with 0.25 point.  or I can pay cash.  Not sure what I am going to do with the cash now if I use loan.  wait for CD?

If I cash pay, I am thinking to do cashout refi later when the housing market is coming down.  

But I learnt from TZ, for investment in RE, one should always to use loan.   So I am not sure how to proceed.  

Please give me some idea?

  

今天30年已经5.3了

Loan

如果买了这个还有大把现金在手，拿现金买。等房价掉，能cashout refi 贷出来的钱也少多了，可能也不容易了。

I know. it may get higher in May.

No, I only have this 500K cash.

why? Can you give a reason?

Cash offer 有时候会有good deal, 也可以在竞争激烈的情况下，让你脱颖而出。

Rate is less than inflation

那就贷款好一些。不要怕付利息，手里要留些现金

Save some cash at hand for more opportunities

Cash offer 不一定有good deal，不过同样价格的话比较有竞争力。

thanks

it is a done deal. no competition

thanks

thanks

不知我这破唱片还要放几次，你们才能明白? 从投资角度来看，首付越少越好，贷款越大越好，贷款期限越长越好！

loan. The rate is nothing in long run

:) I love to hear your CD playing, it is priceless! thanks

got it, thanks.

如果是投资房，当然loan越多越好，报税时利息是cost、抵税

you are right. get it. thanks

Thank you for all, but I thought is....

Loan吧？

wait for opportunity to buy more

50万现金去买５个投资房啊?

What if the market is down by the end of the year?

如果一两年之内也不会再买投资房建议用现金。