Mortgage is the best way to buy a real estate property. Most people do not have a whole lot of money to pay at once to buy their house. however, by taking a mortgage they will have up to 30 years to pay off the full price of their house.
The first time you ever borrow money to buy your real estate property, you are in fact taking a first mortgage on that property. depending on how much down payment you put down, and how low or high the interest rate is, your monthly payments for the first mortgage will vary. Regardless, it is still the best investment to borrow money to buy real estate properties.