Updated almost 7 years ago on . Most recent reply
Condo Rentals
Hello! I'm 27 years old and new to real estate investing. Im very eager to get advice. My family just sold a business and I was gifted a large sum of money from the sale. I am interested in investing in condominiums and renting them out. I was wondering if it would be a better strategy to pay cash or take out a mortgage. If I have the cash to fund the purchase, wouldn't that make the most sense? Look forward to hearing some thoughts, thanks !