Buying a condo
Just considering buying a condo right now.
Let's say it costs $400,000. I have a property that when sold will give me enough money to buy it with cash.
But is it better to pay it all in cash, or to mortgage it with current all-time low interest rates, and invest the rest? Mind you, the economy isn't going great either right now, so not sure where putting money in stocks would go.
Thanks!
Let's say it costs $400,000. I have a property that when sold will give me enough money to buy it with cash.
But is it better to pay it all in cash, or to mortgage it with current all-time low interest rates, and invest the rest? Mind you, the economy isn't going great either right now, so not sure where putting money in stocks would go.
Thanks!