2) You have the full purchase amount available to buy the property but you believe you can gain a return higher than the mortgage rate (with the tax implications taken into account). (financialsamurai.com)
1) You don't have the full purchase amount available to buy the property so you have to borrow the remainder. (financialsamurai.com)
Pay off your balance before your financing expires to avoid being charged interest fees on your full purchase amount. (cardrates.com)