Warren Buffett Could've Bought His House in Cash. Here's Why He Still Took Out a Mortgage

Warren Buffett Could've Bought His House in Cash. Here's Why He Still Took Out a Mortgage

Warren Buffett is worth an estimated $145 billion -- so for him, buying a home outright in cash wouldn't be much of a stretch.Looking for a secure place to grow your savings? See our expert picks for the best FDIC-insured high-yield savings accounts available today - enjoy peace of mind with competitive rates. But when he bought a vacation home in Laguna Beach, California in 1971 for $150,000, he didn't pay for it in full. Instead, he took out a…