Weighing the Decision: Paying Cash vs. Getting a Mortgage for a House Purchase

The chapter compares the advantages and considerations of paying for a house with cash versus taking out a mortgage, exploring how each option can impact long-term financial returns and lifestyle preferences. It discusses the benefits of being a cash buyer, including making more competitive offers in real estate negotiations and seizing opportunities in a competitive market. Additionally, the chapter shares insights on full-time RV living in the Rocky Mountain West, offering tips on traveling, working remotely, budgeting, and the importance of planning for unforeseen events like the sudden death of a loved one.