Real estate about 1.5 to 2 hours drive away from big cities might be a good bet right now because self-driving cars are going to make it practical for middle class families to live that far away from their jobs. Many cities have huge Democrat retiree costs and will go bankrupt as big earners move away. A question is does it make sense right now to finance a real estate investment with a fixed rate loan, or stick to cash only buys?
“A question is does it make sense right now to finance a real estate investment with a fixed rate loan, or stick to cash only buys?”
To me, taking out a loan would make sense only for an income generating property, but you also wouldn’t want to spend ALL of your cash on ANY property, no matter what. Still need to remain liquid, as well as not over-leveraged.