Looking into purchasing a 3 unit apartment building. I have the cash to purchase outright or should I finance some of it for tax purposes???
I’d finance because of the tax purposes. If you finance just enough and account for the maintance costs you’ll be able to write off to decrease your taxable income all while gaining equity.
the beauty of real estate lies in leverage. If you’re buying this 3 unit apt bldg with a long term investment strategy, it would make more sense to only put 10% down and do it 10 more times.