We all do, because realistically, for 1.3 million you could buy 6 $200,000 houses, mortgage them and buy 6 more with 100K to pay for real estate fees and taxes. With 12 houses providing 1500-2000 /mo income you could make affordable housing for people and still turn a good profit. It would be a shame to see that much money go down the toilet while 48 people went homeless (assuming 2 children/family).
Heck with that, you could fund BB + payoff your mortgages + turn a profit. But that's silly.
Heck with that, you could fund BB + payoff your mortgages + turn a profit. But that's silly.