949.274.3733
facebook
linkedin
rss
twitter
youtube
google_plus
email
pinterest

Call or Text Us (949) 556-4747      
  • Home
  • About Irvine
    • Irvine Life
    • Shops
      • Alton Marketplace
      • Alton Square Shopping Center
      • Arbor Village Shopping Center
      • Crossroads
      • Harvard Place
      • Irvine Spectrum Center
      • Oak Creek Village Center
      • Orange Tree Square Shopping Center
      • Quail Hill Shopping Center
      • The Market Place
      • Walnut Village Center
      • Westpark Plaza
      • Woodbridge Village Center
      • Woodbury Town Center
    • Local Services
    • Parks
    • Schools In Irvine
  • Real Estate
    • Irvine Homes for Sale
    • Homes for Lease
    • List Your Home
    • Buying Process
    • Mortgage Needs
  • Home Values
    • What’s My Home Worth
    • Selling Process
    • Marketing Plan
  • Investments
  • Who’s Fred Sed?
    • About Fred
    • About Team
  • News
    • Blog
    • Video Blog
  • Contact Us

Should I Pay All Cash For A Property in Orange County, CA? | Fridays with Fred

October 17, 2014
by Fred Sed
0 Comment

Should I Pay All Cash For A Property?

As long time Orange County Realtors, one common question we get asked by Real Estate investors is “should I pay all cash for a home?”

Paying all cash for a home is a great idea but before spending all of your money in one place it’s important to ask yourself these questions:

Is The Home A Primary Residence?

If the home is going to be your primary residence where you will be living with your family then yes you should consider paying all cash if you can. By paying cash for a home all you will have to pay is your property taxes, homeowners insurance and homeowners association fees plus you will have the comfort of not having to pay a monthly mortgage payment. Imagine the comfort and security you can have by not owing anything to the bank!

Are You Buying An Investment Home?

Since the cost of Real Estate is still affordable in Orange County many people have bought second homes over recent years because owning an investment property means you will be able to rent the home and enjoy monthly cash flow from that rental.

Use the Power of Leverage

Before paying all cash for an investment property though ask yourself this, why not leverage your cash across multiple homes instead of using it all on one property?

For example: Let’s say you have $400,000 in cash; instead of spending all of that $400,000 on one home in Orange County you could consider using “leverage” by putting a down payment of $100,000 on 4 homes in Orange County then leveraging the banks money for mortgage loans on each property.

During our years of working in the Orange County Real Estate market we’ve helped many investors who leveraged their funds by following this example and they were able to accomplish their Real Estate goals.

Learn More

To learn more home buying tips or to view Orange County homes for sale contact Fred Sed & Associates today by calling us at (949) 272-0125.

 

Find BestOCProperties.com on Google+

Email Fred Sed

www.BestOCproperties.com

About the Author
Social Share
  • google-share

Leave a Reply Cancel reply

*
*

captcha *

Irvine Villages

  • Airport Area
  • Columbus Grove
  • Columbus Square
  • Cypress Village
  • El Camino Real
  • Laguna Altura
  • Lambert Ranch
  • Northpark
  • Northpark Square
  • Northwood
  • Oak Creek
  • Orangetree
  • Portola Springs
  • Quail Hill
  • Rancho San Joaquin
  • Shady Canyon
  • Stonegate
  • Stonegate East
  • Turtle Ridge
  • Turtle Rock
  • Tustin Field
  • University Park
  • University Town Center
  • Walnut
  • Westpark
  • West Irvine
  • Woodbridge
  • Woodbury
  • Woodbury East

Follow Us Online!

Follow Us on FacebookFollow Us on Google+Follow Us on TwitterFollow Us on LinkedInFollow Us on YouTubeFollow Us on InstagramFollow Us on Pinterest

We Are Stars on YELP

Fred Sed & Associates

Contact Fred

  • Fred Sed Realty
  • 4010 Barranca Pkwy Suite 100
  • Irvine, CA 92604
  • Fred Sed Realty BRE #: 01423187
  • Keller Williams Realty Irvine BRE #: 01926151
  • P: 949.556.4747
  • E: info@liveloveirvine.com
Copyright © LiveLoveIrvine.com
Design by Dynasty Web Solutions | LOGIN