5 Benefits of Cash Buyers in Real Estate

Is buying a house with cash a good idea? Should paying cash for a house be encouraged? What are the benefits of cash buyers in real estate? Buying real estate is a powerful investment but homebuyers can make it even more powerful by paying with cash.
🏆💰🏘Build a wildly successful career in real estate: bit.ly/47sX5qp
In this video, Robert Rico shares 5 benefits of cash buyers in real estate. This video breaks down the benefits that cash buyers have over others in the transaction. Watch this video if you're working with a cash buyer or if you're interested in buying a house or piece of real estate with cash.
#cashbuyer #realestate #realestatecash
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[@USRealtyTraining]

🏆💰🏘Build a wildly successful career in real estate: bit.ly/47sX5qp

[@wilsonmorales4828]

I like his energy and congratulations to me im buying a home in cash!! 🥳

[@USRealtyTraining]

Way to go, Wilson! Big CONGRATS to you! Thanks for watching and dropping a comment-glad you liked the video.

[@madisonbarnes1632]

Same girl it's gonna be 22nd birthday gift to myself

[@daytonwintle6051]

@@madisonbarnes1632 wow, thats a really big accomplishment. I have a friend who got approved for a 700k loan and she's less than a year out of college. banks are crazy these days. I plan on buying a house with cash a well, I'm 22 and I'm about 3-5 years out. Good luck to you!!

[@kenishahammond3935]

Me too. Congrats!

[@kenishahammond3935]

@Red iScream Flavor You will be able to buy a home. Put it out in the Universe. Happy New year to you!

[@RebeenAmin1980]

Cash is king

[@USRealtyTraining]

Can't beat cash!

[@cantfindmykeys]

I paid cash for my home but I still wanted an appraisal to be sure everything was in working order. No costly surprise. Plumbing, electrical wiring, heat/air conditioning, and no structural flaws.. you need to be sure all of these things are ok.

[@USRealtyTraining]

This is a great point. Although we think you might mean an "inspector" as opposed to an appraiser. The appraiser can help you value a home whereas the inspector will help you identify problem areas. Always look into a home inspection to identify the blemish that might go unseen until it becomes an expensive problem.

[@jayc4715]

#1. Once you buy it you own it.#2. You get a better deal. #3 its cheaper #4 its faster,#5 you can buy fixer uppers that banks wont lend on,

[@USRealtyTraining]

Thanks for watching!

[@miketheyunggod2534]

Stop paying the taxes and you will see who really owns it.

[@ajwatson9974]

@@miketheyunggod2534 Which taxes?

[@spiritualisrael1443]

@@miketheyunggod2534 Sorry to Burst your bubble anyone who has a " SocialSecurity " number is a Slave.

[@spiritualisrael1443]

So why do banks Get angry of people get a Loan shark??

[@gearschwinn585]

My kind of video! Straight to the point and fast 😎 Awesome!!!!!!!!

[@USRealtyTraining]

We're happy you enjoyed the video! Be sure to share it with someone you think would enjoy it! Doing so helps us out a lot!

[@vanalex2698]

@@USRealtyTraining Hold on sir.... Agents always say that do finance even you have cash. So what's the wrong ?

[@fashion4point0]

Love how straight to the point this was! Thanks for the info 🙏🏽

[@USRealtyTraining]

I'm so happy you enjoyed it and got a lot out of it! If you have a moment, please like this video, subscribe to the channel, and hit the bell icon. Doing so helps support the channel so we can make more videos like this. Thanks for watching and I hope to hear from you again, fashion4point0!

[@user-io3vs7fz5j]

Thanks for the new video! I’m looking forward to seeing what other content you post! Always good to learn as much as you can!

[@ronmendoza4916]

You forget benefit #6 You're in a better bargaining position for a lower price than what the buyer is asking.

[@USRealtyTraining]

Interesting idea. Here is a video we did on lowball offers: kzbin.info/www/bejne/f4DaaYB4bsuDh6s I think you might enjoy it!

[@ronmendoza4916]

@@USRealtyTraining Just saw the lowball offer video. Good info. I plan on seeing a couple of houses in the area I'd like to move into and within my price range. I'm not going to lock into just one particular house. If the seller rejects my Cash offer I'll just move on to the next seller.

[@ronmendoza4916]

@@USRealtyTraining I'll try buying a Corvette. If I can't get the Corvette at my lowball price offer, then I'll look at a Honda Accord or Toyota Corolla.

[@bobvance4712]

@@USRealtyTraining I don't think bargaining position only applies to lowball offers. I normally try to buy (2-4 unit multifamily) with cash (then take out a loan later to get $ for the next one) and all cash makes a big difference, particularly in multiple offer situations. I got one for 361K (340K offer) where there were 13 other offers, including at least one at 400K. I got another at over asking (asking was way too low) where there were 24 offers. A no-contingency offer makes a huge difference to sellers.

[@Mike.Sadala]

I'm all cash. Fuck a loan!!!

[@ChinithaJohnson]

I definitely have to pay cash...I can’t wrap my mind around a mortgage...I don’t like it

[@USRealtyTraining]

Agreed! Thanks for watching! Hope to hear from you on another video.

[@greenearthblueskies8556]

👍🏻

[@joselliott6]

If you are buying a house cash you BETTER get an appraisal...

[@USRealtyTraining]

If you can, always get an appraisal of the home so you can find the true value of it! You could end up saving more money in the long run. Thanks for watching, Josephine!

[@greenearthblueskies8556]

That’s on all homes

[@brittneytrujillo4072]

Great video! Appreciate you explaining this to help me further understand this process.

[@USRealtyTraining]

Glad the video was helpful! Thanks for watching, Brittney.

[@qweenofheartz2]

You explained this so well..Thank you

[@USRealtyTraining]

You're so welcome! Glad you liked it. Thanks for watching and dropping a comment on the video.

[@sharondacosta1505]

This was helpful thank you for this~!

[@USRealtyTraining]

You're so welcome! I'm glad you liked it and found it helpful. Thanks for watching, too - hope you liked and subscribed for more content and I'll see you on the next one!

[@andracoisbored]

Thank you! I loved this video. I felt crazy to want to use cash because everyone around only advices buying debt with the 30year mortgage. I don't get it! At least for the first 2 or 3 properties, I will use cash. Absolutely. People are just impatient

[@USRealtyTraining]

Thanks for watching, Andraisbored! So glad you got value from this video. We really appreciate you tuning in!

[@vanalex2698]

@PhantomAmvz Wait a second ..... Agents always say that do finance even you have cash !!

[@johnsonakpokelly255]

Hello, I'm Jim Kelly, I'm a real estate investor, and I have diversified Portfolio in asset management ranging from oil and gas, Gold, crypto e.t.c I got your contact as part of a lead. I've been in the real estate industry since the last 17 years and counting, I've had my fair share of experience (with lots of ups and downs) in this field and I know better that identifying an opportunity isn't enough, you need to have the resources (finance) available to hit your target else you miss out on opportunities some of which may be "Life changing" With that in mind, If you ever need financing/refinancing or loans of any kind for your deals, fix and flips, personal, commercial, buy and hold etc. I'll finance you if the deal is worth it.

[@reaganenglish]

Thank you , really appreciate it.

[@USRealtyTraining]

You're welcome! Thanks for watching.

[@GirlieThePeriwinkle]

Good information. That's what I needed to hear.

[@USRealtyTraining]

Glad it was helpful! Thanks for watching!

[@bulletpoint728]

Great video! Thank you!

[@USRealtyTraining]

You are welcome, Hoverboard Guy!

[@irraesto7283]

Thank you for sharing your knowledge

[@USRealtyTraining]

My pleasure. Thanks for watching!

[@eddieespinosa8743]

Great info without beating around the bush like other videos by other agents Thanks

[@USRealtyTraining]

Glad it was helpful! Thanks for watching and welcome to the channel, Eddie!

[@s.h.2546]

Great video brother. 💯

[@USRealtyTraining]

Appreciate it. Thanks for watching!

[@jackj5368]

I like your style, and yes...Soon I too will be buying in cash. Thanks, 'CA Realty Training'.

[@USRealtyTraining]

Way to go, Jack! Thanks for watching - glad you enjoyed the video!

[@tyral4633]

Such great information! Thank you !

[@USRealtyTraining]

Thanks for watching, Tyra! Glad you this video was helpful. If you have a moment, please like, subscribe, and hit the bell icon. Doing so helps us grow as a channel and it also helps you get notified when we release a new video. Thanks again for watching and I hope to hear from you again!

[@tyral4633]

I just subscribed and super happy I did! Will be purchasing our next home in cash very soon this info helps so much!!

[@MyName123.]

best video on homebuying I've seen!

[@USRealtyTraining]

Dang! That's a compliment right there. Thanks for watching and hope you enjoy my other videos.

[@jvusa]

Great Info...Thank you.

[@USRealtyTraining]

Anytime! Thanks for watching.

[@JoeGarcia-cg1pp]

Thanks for the Vid Budd

[@USRealtyTraining]

Any time, champ!

[@bhp000]

I still like the buy homes cash. Whether to live in or invest. It depends all on the person. I don’t knock people who love using debt. But those same people will knock you for paying cash. Smh

[@9492nino]

You just made my day thank you so much 🙏🙏

[@USRealtyTraining]

Glad you enjoyed the video! My goal is to help people interested in real estate learn about this industry, so reading your comment made MY day! If you have a moment, please support this channel by liking this video, subscribing to the channel, and hitting the bell icon. Doing so tells KZbin to put this content in front of more people who are interested in real estate. Thanks for watching and I hope to hear from you again!

[@9492nino]

@@USRealtyTraining I just liked commented and subscribed as well !👍

[@USRealtyTraining]

@@9492nino you rock!

[@user-pp8ly2wn6t]

I like your video presentation. It is informative too, at the same time. Thanks a lot for your guidance!

[@USRealtyTraining]

Anytime! Happy to help.

[@designdistrict5806]

Ur a great teacher

[@USRealtyTraining]

Thanks for the compliment. Glad you found the channel.

[@fitwill73]

Thank you again for your valuable information!You helped me learn terms when I was studying for my license exam a couple of months ago. Now, I am 2 1/2 months in real estate, and have 2 deals going on right now. My next 3rd deal is with a cash buyer. This lady called me yesterday saying she wanted to do a cash deal, and I was like, ‘Oh, my goodness, how does this work”??? 😳 I was glad to see you have a video on this, bc you explain things very well. Thank you so much!

[@USRealtyTraining]

This is so amazing! Congrats on the amazing start to your career! Also, belated congrats to the passing the exam. I'm so happy these videos have helped you so much! That's why we make them. Out of curiosity, did you take our program? If not, no problem! I'm just glad you were able to get so much value from the channel.

[@fitwill73]

@@USRealtyTraining No, I did not do your program. I did my classes online with Real Estate Express. However, when I needed further explanation and actual visuals, I tuned into your channel. I passed on the first try.

[@Legacy_125]

Well Done!

[@USRealtyTraining]

Thanks for watching, B.! I appreciate your viewership and we're glad you liked the video. Don't forget to like this video, subscribe to our channel, and hit the bell icon! That's the best way to get notified when we release a new video. It also helps our channel grow so we can make more helpful content like this video. Thanks again and we hope to hear from you again!

[@gossettdaley1254]

Great video and helpful highlights! Does it also give the buyer better negotiating power?

[@USRealtyTraining]

It does! It's much easier to pay with cash than to wait for a third party to deposit money into an account. It's much quicker and direct with money.

[@RemedNaturel]

I’m about to buy a home in cash.

[@USRealtyTraining]

Congrats, Remed. Best of luck to you! Thanks for watching.

[@swimbait1]

Good points

[@USRealtyTraining]

Thanks! Glad you enjoyed the video

[@RebeenAmin1980]

I buy everything in cash

[@USRealtyTraining]

That's a good habit to get into! Thanks for watching the video! If you have a moment, make sure you subscribe and check out some of my other content - I think you'd enjoy it!

[@csantoya]

Keep dropping that knowledge Rico! I watch your training videos nightly as part of my CaRT courses. You make learning easy. Your acronyms & catch phrases are great learning tools. "A $5 bill is a $5 bill, study long study wrong!" Thanks Rico

[@USRealtyTraining]

Thank you for watching! :) We love to create these video blogs and to educate!

[@xw7239]

This video just changed my life.

[@USRealtyTraining]

Wow! I'm so happy this video left a lasting impression on you! What about this video did you like the most, if you don't mind me asking? Thanks for watching and be sure to subscribe to the channel for more content like this!

[@xw7239]

@@USRealtyTraining I've been debating about buying either a trailer or a condo for the last three years via mortgage. I recently learned from Dave Ramsey that just because the bank approves it, doesn't mean I can afford it. I was stubborn and still kept trying to get approved for something, even though I really can't afford it right now, especially if I need to make home repairs. I'm not a realtor or real estate investor, but this video was still helpful. I didn't know paying in cash would help me avoid closing costs (for when and if I decide to buy), and I didn't realize how much extra money I would have to pay due to mortgage interest. I've never owned my own residence, and I'm still learning the ins and outs of home buying. This video stopped me from making a very stupid and impulsive decision. Gracias

[@xw7239]

And it made me realize I need to pull myself together and start saving up to buy in cash, even if it means I have to keep renting for the next few years.

[@CareerPivotNow]

Great video. Could you do one on the benefits of buying an apartment building cash vs a down payment?

[@USRealtyTraining]

Interesting idea. I would recommend you watch this video I made: kzbin.info/www/bejne/d2q2iKlviaqjmrs It's not about apartment buildings but it is about the psychology of someone accepting an offer. I would believe it's pretty similar to any type of real estate because a transaction is a transaction at the end of the day. I talk about the different between buying all cash and buying all loans. Hope this helps.

[@yungpharo1]

Bought my house cash cash cash

[@USRealtyTraining]

Congrats, Kandyyman!

[@BobbNaef]

Thanks I am purchasing my first home with cash and am doing it for the reasons you stated in the presentation I have the cash I love the house already had the inspection not doing appraisal and we should close this deal by 7/6/20

[@USRealtyTraining]

Just now seeing this, but hope everything went well. According to your date, you should be in your new house! Congrats! Thanks for watching and hope the transaction went great, Bobb. If you have a moment, please like, subscribe, and hit the bell icon! That's the best way to get notified when we release a new video. It also helps us grow as a channel and continue to produce more helpful content. Thanks again for watching and we hope to hear from you soon!

[@Narsuitus]

During my lifetime, I have purchased 7 homes with 7 mortgages. Last month, I paid 1/2 million in cash for my 8th home. I saved a lot of money in closing cost and I will save a lot in interest payments. Even though I knew the house was worth the price and I did not need to pay a $525 appraisal fee and a $500 inspection fee, my broker advised that I get them anyway. I took her advice and was glad I did because the inspector found deficiencies that resulted in a $3,500 reduction in price.

[@Sllihulkgaming]

Thank you so we will buy cash condo

[@USRealtyTraining]

Best of luck! Thanks for watching, Steven.

[@yemarican]

Thank you very much for this valuable information.. I appreciate that a lot ... I have one question though... if I'm willing to pay cash for the property, is there a chance I might get a discount ? or is the price always firm?

[@USRealtyTraining]

It's never guaranteed. Typically sellers like all cash buyers because they don't have to worry about financing contingencies, which take time and may fall through. So, if the buyer has all cash then they can leverage the fact that they aren't dependent on a third party to finance their purchase - they can buy it flat out.

[@graceElizabeth555]

This confirmed my purchase 🥳🥳🥳

[@USRealtyTraining]

Glad this video was helpful to you!

[@davidm4677]

Nice haircut!

[@greenearthblueskies8556]

Bought my REO home cash 💰...not to rent- to live in.Glad I did.

[@USRealtyTraining]

Congrats! Now you can start building your own equity.

[@teribrown1311]

Are the homeowner insurance and attorney fee paid before the closing for a cash buyer?

[@Theorginalmogodude]

We bid on a house that was $250,000 we got approved for the loan. But somebody won the purchase in cash for $225,000. Why would a seller be more interested in an institution paying cash then a loan that would be worth more?

[@USRealtyTraining]

More immediate transaction and more secured financing. Those will sometimes outweigh the extra money they make from someone being financed with a loan.

[@tangousa2426]

hell yeah I'm buying cash for house grass look difference / i'm sleeping like a baby nobody come knock my door or repo.

[@USRealtyTraining]

Congrats! Thanks for watching!

[@johnsun2416]

Except the tax man.

[@unlimitedpower4101]

Pay the state property tax annually and you're good

[@greenearthblueskies8556]

@@johnsun2416 no problem...

[@duclostchabo9822]

What about equity? Can a home bought cash earn the buyer equity he or she can pull out later on to use toward for example putting down a down-payment for a house?

[@metu5818]

So an appraisal is also used to determine property taxes too, isn’t it?

[@13325poop]

Can I get the house for less than the asking price when I show up with cash? How much less do people typically negotiate?

[@NapkinEdStern]

Where does the real estate lawyer come in? Is it find an agent, find a house, find a lawyer? What is the order of operations?

[@robcash5375]

I would appraise just to know its worth what I’m paying

[@USRealtyTraining]

Good idea!

[@desirebooke6518]

Hi robert, is there anyways you can make a video about Discount Rate? If you have made one, pls send me the link to the youtube video. Thanks

[@USRealtyTraining]

Sounds interesting. I'll bring this up with my content team. Thanks for the suggestion and thanks for watching!

[@jajuanrussell5386]

Why do banks take the origination fee out of the loan amount instead of including it in the interest payments?

[@Freeyourdollar]

I'm planning on buying a home with cash toward end of this year. What do you think my chances are of requiring my RE agent to forfeit 1% of their commission for my business? Do you think that would be a good idea and if shopped around an agent would bite knowing it is a quick slam dunk?

[@bobvance4712]

I've seen some agents which will give ~30% back, but other agents (even in situations where they would be representing buyer and seller) wouldn't even consider it. Your best chance to find such an agent would be an independent one, rather than one part of a large brokerage with standard policies. Of course, it is something you'd need to negotiate up front, before finding a home with the agent.

[@9963054]

after pain a property cash is posible to get a morgage for the same house?

[@animus2414]

Do they verify IF you have tax debt or anything like that?

[@annaabudapest9058]

Nobody asks 100% loan . Usually it is 70 or 80% so your counting of loan interests is not correct. You have 1 million you invest only 300.000 for the house. You still have 700.000 cash to invest in other places like bonds or shares. If i buy cash minimum i go down on the price of 15% as I am paying you TODAY

[@susanbrownstein3971]

You order a home inspection not an appraiser to make sure all systems work

[@colehailebeix]

I asked the real estate officer if we could pay in cash rather than loaning because it has a high interest and he suggests inhouse financing which doesn't make sense because it has an interest too. Is it really possible to pay cash when buying in real estate? should you pay it in full principal?

[@davidm4677]

Late answer of course you can buy with cash without any interest.

[@impressedbysteph5068]

I hope this doesn't sound like a silly question but can you also buy a condo with cash or is that a different transaction?

[@USRealtyTraining]

Absolutely! When purchasing any type of real estate, cash is always accepted. Thanks for watching!

[@michaelh370]

That 700k interest you saved is reinvested over that 30 years for quite abit is what happens.

[@USRealtyTraining]

Yup! Another benefit of paying all cash.

[@Bababui69]

Inflation is included in the interest meaning your interest will not be as high as it seems. If you compare putting money in the S and P you are actually losing money paying all in cash due to the yeild.

[@coltukkor]

Being subjective only looking at pros does not paint the full picture.You must account for opportunity cost.The opportunity cost of earnings if the cash was otherwise invested.Thats a massive loss.Most often much more than what is saved in interest and closing costs.If you have a small mortgage rate take advantage of it.

[@ASH-se6kr]

i like your video thx if my annually income 50-70k and my brother income 35k and we want to buy house worth 200k we sold our family land back home overseas and we can receive the money here so we can buy the house all cash what you think in this how IRS would do since it showed only we making around 100k annually income we still can purchase the house without issues with IRS?

[@USRealtyTraining]

Thanks for reaching out, but we cannot provide any advice for your situation. I would recommend contacting a financial expert to ask them this situation.

[@MrRabee]

If the irs ask you , explain this to them ,this happen to my cuzion he explained to irs his situation

[@ajwatson9974]

As we are retired persons cash seems to be best for us! Can you advise?

[@USRealtyTraining]

Are you buying a home with all cash or are you picking a cash offer?

[@ajwatson9974]

@@USRealtyTraining What does picking a cash offer mean?

[@USRealtyTraining]

@@ajwatson9974 Say you're representing a home seller or you are selling your house. You get multiple purchase offers on the house. One of the offers is financed with a loan and the other is all cash. Which one do you pick? That's what I meant by "picking a cash offer." I'm just trying to understand if you're selling your home or buying a new home. Thanks!

[@ajwatson9974]

@@USRealtyTraining Oh I understand we are going to buy a home but it will be a cash purchase

[@602damacioboy8]

To who should I go to buy a house with cash realtor? Or the bank

[@USRealtyTraining]

Thanks for watching, 602! When purchasing property, it is always best to be represented by a solid real estate agent. It is important to have someone negotiate on your behalf, protect you during the escrow process, and guide you through the steps involved when purchasing a home. Typically, the seller will pay the commission fee for the agent, therefore you would not need to pay your real estate agent when buying a home, therefore hiring a buyer's agent is a great benefit. Get protected, get an agent!

[@602damacioboy8]

@@USRealtyTraining thanks for the advice I know what to do thank you.

[@christiancacayan8722]

I will do a lot of savings then buy a rental for a cash🤟

[@USRealtyTraining]

Sounds like a plan! How far away are you from that?

[@mahdifm619]

Is it good if I want to invest?

[@USRealtyTraining]

Sure! Investing is a great way to make money. Whether you want to invest and sell or invest and rent the property out. There's a ton of money to be made. Just gotta make sure you're smart about which property you invest in.

[@RussClarkRocks]

Buying a million dollar property without a title search, appraisal, property inspection. and a survey is a risky proposition.

[@kurrentevent]

I want to know if you buy a house cash,donyou get the property it's on? Meaning the land is yours without any fees?

[@USRealtyTraining]

Excluding property taxes, then yes! When you buy a property, no matter the method, it's yours!

[@kurrentevent]

@@USRealtyTraining great thank you!

[@BLed-ie1zu]

Thanks but your screen seems bigger then your office! get it sorted homeboy!

[@USRealtyTraining]

You should see the other side of the office 😏

[@Aliceherz24]

I still don't get if you have to hand over physical cash money? do people really withdraw millons and like hand it over in a suitcase? is there someone to count and check for fake bills? do you have to pay that person? how do you safely carry that much money to wherever the sale happens??? or is buying in cash just a phrase and in reality the money just gets transferred all at once? I feel so dumb but this all sounds very surreal

[@Narsuitus]

I paid my bank $35 to wire transfer my cash funds.

[@fernando9175]

these 5 arguments are not the biggest benefits yet mentiomes which is buying at a discount which depending on the percentage is a lot of money.

[@miketheyunggod2534]

Bought a home with cash and lost half when it was sold. I will NEVER make a dumbass move like that again. Mortgage all the way.

[@phoenixspirit9530]

Serious question, How does having a mortgage guarantee you won't lose money when you decide to sell ? You're still on the hook to repay the loan ( mortgage) regardless of what the house sells for later.

[@ben_lyngdoh]

What if I take a loan of $500k and put the rest on S&P-500 for the 30 years? Will this work in my favor?

[@USRealtyTraining]

If I were you, I would be looking for the answer to this question somewhere else. I can tell you, though, that home loans won't let you invest that money somewhere else. They are made with the intent of buying a home and if you won't get the money if you invest it into the S&P-500.

[@ben_lyngdoh]

@@USRealtyTraining i meant if I had 1mil. And I get 50% financed, while I invest the remaining 50% into an indexed fund or something.

[@nebulousJames12345]

First time i've used 0.75

[@USRealtyTraining]

Haha - sorry about that. I just get amped to talk about real estate. I also recommend turning on closed captioning.

[@angiegracie6954]

At my age I’m done paying mortgages…

[@USRealtyTraining]

Congrats! You paid off your place and you're ready to enjoy it like it was intended. Debt free.

[@angiegracie6954]

@@USRealtyTraining I wish. I want to buy a smaller house with the equity once I sell my house. Can I buy a small decent house for $200k these days?

[@tonykartracer8032]

So if you can afford to buy a house outright with cash it's the better option, that way you can avoid all the vultures and snakes trying to get a piece of the action. Got it.

[@prettybird2588]

Seller pays closing costs

[@USRealtyTraining]

Thanks for the suggestion, Pretty Bird!

[@Falconlibrary]

1. What is the opportunity cost of paying all cash? Are you pulling money out of investments paying 12% annually to save 5.5% mortgage interest? Dum da dum dum! 2. Are you raiding your emergency fund to pay all cash? What if you need (fill in the major expense blank) and. your emergency fund is tied up in an illiquid asset, aka your house? The only people who should pay all cash are those who don't have money invested at a better rate of return AND have an emergency fund that they don't need to touch to get that cash. That's not a lot of people. Making a bigger down payment does make sense as mortgage rates go up. I know a guy who paid 50% down in the 1980s when mortgage rates were at 12% and then paid off a 30 year loan as if it was a 15 year loan. That made sense because of the high interest rate. Right now, I can take $10,000 and put it in an I-series Treasury bond to earn 9.65%, or I can use it as part of a down payment on a house to save 5.5% interest. Guess where I'm going to put that $10,000.

[@DJSTOEK]

😷🙂

[@USRealtyTraining]

Thanks for watching!

[@captainvanaroo1729]

Land too land is easyer if you want to move 1400 miles away

[@johnsun2416]

700K in interest, to me it's highway robbery, complete ripoff, and I am shock to learn that it's completely legal, welcome to capitalist society.

[@blackspiderman1887]

Why is this guy using a million dollar home as a common example

[@USRealtyTraining]

It's a common listing price for homes around the LA area AND it's an easy round number to demonstrate the concepts used in the video.

[@blackspiderman1887]

@@USRealtyTraining $200-300k would be a more realistic number regarding the USA. All your points a legit though

[@USRealtyTraining]

​@@blackspiderman1887 Thanks for the feedback!