Paris Hilton took out a mortgage on the $63 million mansion she bought from Mark Walhberg. Here’s why that’s actually a smart financial decision
via fortune.com
Short excerpt below. Read at the original source.
Despite Paris Hilton’s high net worth, she and her husband reportedly took out a $43.75 million mortgage for their $63 million Beverly Hills mansion, a move more common among ultra-wealthy individuals than one may think. Experts say wealthy buyers often keep their cash liquid and use mortgages as a strategic tool to maximize flexibility and […]