Buying second home and investment property out of state vs loan
Hello, I am planing to buy 2 properties in LV. I am in Los Angeles now. I don't have a primary residence right now and is renting but unfortunately looks like I can't finance house as primary residency if I don't live in LV. (if someone knows some loophole I don't please PM. If I had my own business I think I could but since I don't I was told I can't do it). Anyway, I have cash to buy both properties but read many times people say to finance if I could. Since Interest I would be getting is from 4.2-4.8 for second home and income property, is it still worth it to finance vs pay cash? Also if I anyone know a way around getting low interest rate with primary residence when it's out of state that would help too. Thank you!