[Home](<https://lbcmortgage.com/>) > [Mortgage Shorts](<https://lbcmortgage.com/mortgage-shorts/>) > Rich people don’t buy for cash 

[https://youtube.com/shorts/AtSWZ0ck3qs?feature=share](<https://youtube.com/shorts/AtSWZ0ck3qs?feature=share>)

[** Back to Express School](<https://lbcmortgage.com/mortgage-shorts/>)  April 17, 2023  

# Rich people don’t buy for cash

[Mortgage Basics](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/>) 

There’s a few things they pay attention to.

1. They use other people’s money to invest. So it’s much more beneficial for them.
2. They get huge tax deductions. You can write off a lot of things in the real estate.
3. Other people are paying off their debts, so tenants who currently rent from them are paying off their mortgages. \
4. 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.

## Do you want a consultation?

[Get started](<https://lbcmortgage.com/get-quote/>)

## Another videos with same category

[Mortgage Basics](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/>)

#### [How the mortgage process works](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/how-the-mortgage-process-works/>)

[** Watch short](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/how-the-mortgage-process-works/>)  April 14, 2023

[Mortgage Basics](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/>)

#### [What is escrow](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/what-is-escrow/>)

[** Watch short](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/what-is-escrow/>)  April 17, 2023

[Mortgage Basics](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/>)

#### [What is mortgage insurance](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/what-is-mortgage-insurance/>)

[** Watch short](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/what-is-mortgage-insurance/>)  April 17, 2023

[Application and Approval](<https://lbcmortgage.com/mortgage-shorts/application-and-approval/>)[Mortgage Basics](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/>)

#### [What documents do you need to start the mortgage process](<https://lbcmortgage.com/mortgage-shorts/application-and-approval/the-documents-needed-to-start-the-mortgage-process-can-vary-depending-on-the-lender-and-the-type-of-mortgage-loan-you-are-applying-for-however-here-are-some-common-documents-that-are-typically-requi/>)

[** Watch short](<https://lbcmortgage.com/mortgage-shorts/application-and-approval/the-documents-needed-to-start-the-mortgage-process-can-vary-depending-on-the-lender-and-the-type-of-mortgage-loan-you-are-applying-for-however-here-are-some-common-documents-that-are-typically-requi/>)  April 17, 2023

### Get in Touch

Whether you’re buying a home or are ready to refinance, our experts are here to help.

[** Call us now](<tel: (818) 309-2999>) [** Book a consultation](<https://lbcmortgage.com/mortgage-shorts/mortgage-basics/rich-people-dont-buy-for-cash/#popmake-3520>)