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Home buying in ALL CASH with NO Mortgage!


Sonu_Patel

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34 minutes ago, Sonu_Patel said:

What are the perks that builders offer for CASH buyers ? 

please share if any one bought home with out Mortgage.

Anna eroju mega millions vastadi fix ayinava 

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29 minutes ago, Ravi860 said:

Sonu anna vesina timepass question ki meeru answers cheptunnaru chudandi.. meeru asalaina sonulu (bagaralu) :giggle:

Time pass antaav endi anni seriously #still looking. 

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All cash offer is like telling all your secrets to wife on first night day itself.

Time chusin edi cheppalo adi cheppi rest hide cheyyali

alage time chusi enta EMI pay cheyyalo chesi rest cash other investments lo pettali.

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simple logic...if you are smart to find an investment that will give more that 6-7% in return , then dont pay cash.

if money is sitting in bank and not sure where to invest , then go for a cash buy.

 

i would put money in two different homes and give one home for rent and try rotating the rent money for mortgage.

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42 minutes ago, Thokkalee said:

If you have cash, sure.. why not!! You don’t have to pay any interest on the house.. 

someone in this db calculated and said that if you take a 100K loan @5.2% for 30 years, you will pay 100K as interest on that loan.. so if you take a 500K loan, you pay 500K principal and 500K interest (total 1M) on the loan.. 

you bought a good point... 

Interest rate is more than 7% now.. calling @gudboy 

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8 minutes ago, Sonu_Patel said:

you bought a good point... 

Interest rate is more than 7% now.. calling @gudboy 

anna neeku lekkalu cheppe antha peddoni kadu..anni paisal unte nenu edaina business pettukunta instead of buying a big fat house

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1 minute ago, gudboy said:

anna neeku lekkalu cheppe antha peddoni kadu..anni paisal unte nenu edaina business pettukunta instead of buying a big fat house

em business anna.. entha ostadi anna.

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26 minutes ago, Variety_Pullayya said:

simple logic...if you are smart to find an investment that will give more that 6-7% in return , then dont pay cash.

if money is sitting in bank and not sure where to invest , then go for a cash buy.

 

i would put money in two different homes and give one home for rent and try rotating the rent money for mortgage.

akkada already 2 or 3 rentals homes unnai..he is just time passing here with amateurs like us so don't fall for his crap lol

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32 minutes ago, gudboy said:

akkada already 2 or 3 rentals homes unnai..he is just time passing here with amateurs like us so don't fall for his crap lol

Rentals waste ba.. I already explained on my other post.. 

Index funds and Blue chip stocks are best if you are looking to compound your money.

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