Lease agreements: Tips, questions, and experiences
in Banking, Insurance & Loans ·
So, how much of a gap are we actually looking at when you compare an operating lease annuity to a standard mortgage payment? Look, here’s the deal: even with a mortgage, if the loan amount is huge, you don't really "own" the place outright until that last cent is paid off. But—and this is the kicker—you can still flip the property if someone's actually interested in buying it subject to the mortgage, or if they come at you with enough cash to pay off the balance and clear the title.