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Building a house: pay cash or secure a loan? What’s optimal in today’s environment?
Building a house: pay cash or secure a loan? What's optimal in today's environment? Sage guidance or perspectives requested. In the position where I can use 80% of my liquid savings (sitting in hysa) to build a house. Qouted interest rates for construction loan are approx 6.5%. In today's market, what would be an optimal path to consider? Self fund and have no mortgage, loan and try to beat interest rate (e.g. index investing,...
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