1) Keep in mind that you may have favorable tax implications.
2) If you are considering paying cash and have the ability to finance you will definitely want to consider leveraging your investment. For example, instead of paying cash for an $80,000 condo you could leverage your money and put $40,000 down on 2 properties…giving you twice the income. Where else could you invest 40K and get more than 10k a year in free cash flow? Get your investment back in 4yrs all while your tenant pays down your mortgage.
These simple scenarios are available now, why wait while your money earns 1% in a savings account. The time is now to put your money to work and accumulate assets that pay you monthly income. The best deals are available before the masses start investing in housing again…don’t wait until housing is back in style because then it may be too late!