Friday, August 27, 2021

Buy Home With Cash VS Getting A Mortgage (for well off, self-made 34 year old)

Hi FastLaners,

I have a “good” problem to work through but am really wavering on this one. I would love some advice from folks who have been in my shoes or have experienced this or thought through the scenario:

I just had my cash offer accepted on a home. The closing is in about 1.5 months and I am now debating if I should close with “all cash” or try to get a 15- or 30-year fixed rate mortgage in the next 1.5 months while I wait because of how low rates are and the opportunity costs...

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from Buy Home With Cash VS Getting A Mortgage (for well off, self-made 34 year old)

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