Sure, and unless you bought it for cash, all that interest you pay on the mortgage is returned…
Mateo D
11

I didn’t. Just paid cash for the 15% down that was required. But, still, even if I was able to pay the whole purchase price in cash, I would be better off. I’d have no monthly mortgage payment and my monthly expenses for utilities would still be much less than they were renting. Plus, I have a home that is difficult to take away, unlike a rental home that is only for a year at a time.

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