Rich people don’t buy for cashMortgage Basics
There’s a few things they pay attention to.
- They use other people’s money to invest. So it’s much more beneficial for them.
- They get huge tax deductions. You can write off a lot of things in the real estate.
- Other people are paying off their debts, so tenants who currently rent from them are paying off their mortgages. \
- Appreciation real estate.
Real estate is always going to go up and this is how people who invest in real estate are getting all those benefits and becoming more richer.