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RE: The Benefits Of Buying A House WITH CASH!

in #life7 years ago

Good added insights @scaredycatguide, I just heard from a friend that is a realtor the fees of buying and selling a home are after 10 transactions will pay for the price of the home. I thought that was a market ripe for disruption.

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Yeah, that makes sense if you think about it. You are paying roughly 10% between the closing costs when you buy and the real estate agent's commision when you sell (around 4% for the former and 6% for the latter) so after 10 deals on 100K properties you have spent 100K.

I suppose there is a reason I decided to do buy and hold rentals..lol, who knew!

I will have to check out more of your finance blogging that is something you can't get enough of!!

So much to learn to stay ahead... just imagine if you were unaware of the crypto world at what a disadvantage you would be at.

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