/biz/ - Business & Finance

unironically depends on your specific situation
If you have a lot of money there is no reason to not pay cash if like the house would be 1/5th of your wealth or something like that
If you are doing fairly well at investing, outperforming that 5%, you might be put off at the idea of having to start at zero again if the home would be the majority of your wealth. Which is understandable.

>>55813688
>get a cash loan at 0% interest
>buy house cash
>?????
>profit

>>55813688
The modern banking system is a disaster. If you can avoid it, you should.

>>55813688
number one: be a horrible loser with no life
number two: tounge my anus

You are a Nigger.

>>55813688
cash

>>55813688
>Mortgage a house at 5% interest
HAHAHAHA!

>>55813688
now? get the mortage
your cash will be able to buy a lot more house in 2 year's time

>>55813688
Why would you sink capital into real estate at 5% when you can buy treasury bills at 5.5%?

>>55814128
To have somewhere to live
>>55814086
What?

>>55813688
if only I had saved in his time instead of becoming a gacha addict maybe I would be asking myself those same questions now, I had done it right and wasted it all on fucking jpgs

>>55813688
Its basically like this.
Finance people will always say, mathmetically you should always take the loan.
But reality is, depending on your personality/disposition, the piece of mind you get from owning a house outright can be priceless.
When i paid my house off(thanks vitalik) evey single person in my life that knew kept say "anon, 250k in the market is so much better" blah blah blah.

>>55813688
1. Do you have the money to buy it outright?
1a. >Yes.
2. Do you have multiple times the money you need (e.g. over 3-4x)
2a. > Yes
Go ahead, buy it.
2b. > No
Proceed to 1b.

1b. >No.
Get the loan, if you have extra money, invest wisely to at least beat inflation.
If you don't have extra money, well, welcome to being a slave to debt, next exit: 30 years.

>>55813688
I have around 450k, 200k from investing and 250k from selling two houses I owned over the past 6 years. I plan to buy a house in 2025 since I'm stuck in europe until then.


I have around another 100k in the market

>>55813688
there's no reason not to pay cash if you have the money. you simplify closing greatly, and it's cheaper. you can always open a line of credit against the home after the home is in your possession

>Sage
Another housecuck thread

>>55813688
Buy in cash if you have no better place to park the money. You can probably passively earn enough to pay rent off your investments if you just make good choices. Home ownership is a boomer meme.

>>55816843
top signal if i've ever seen one

>buy house with 20% down
>put quarter of the remaining money in a CD of 5%+ with monthly compound for 2 years
>put another quarter on a high yield savings account that doesnt penalize withdrawing
>but the remaining half into S&P 500 with a few individual stocks
>2 years later claim CD money with interest
>buy a second house
>refinance first house and rent it out
>move into second house
>repeat the process
>???
>profit

>>55813688
Mortgage and put the remaining cash in index funds or short term bonds.
If something wacky happens like the insurance company decides to fuck off you can sell the liquid investment and you're whole on the house. Otherwise you're making money.
Don't be a retard and buy a second house with it though.

There are chinks
>shilling on 4chan, organized, concerted effort
out there that want you to believe the housing market isn't running on fumes so they can unload their underwater in debt bags to you at the maximum price possible before they get liquidated.

pretty much the only reason to borrow for a house is if you're gonna rent it out and want to buy like 5 at the same time