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Lease or buy Office space
EndowGaze
#1 Posted : Friday, March 22, 2024 2:21:15 PM
Rank: New-farer


Joined: 10/2/2012
Posts: 21
Good day members.

I have an option of leasing an office space at 253,000 per month with an option of buying the office space for 43,000,000

What are some of the things I need to consider in deciding whether to exercise the option of buying.

In buying I will have to secure a loan from a local bank and feel like this would affect my cash flows. On the other hand leasing is money down the drain. What is your advice guys?
Money is like manure. You have to spread it around or it smells. ~ J. Paul Getty
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