<prompt> Human: Im buying an apartment for my elderly parents and wondering if I should pay cash or finance. I have the cash on hand 100k, and paying for it wouldnt dip into my assets a great deal as I earn a decent income and am confident I wont need to see a return on the 100k.nbsp;They are both still working but have reached retirement age. The property I have my eyes on is the one theyve lived in for the past 20 years. The same property I was raised in from childhood until I graduated college. So this is partially a nostalgic buy, but also one they will be able to retire in and live comfortably in the city center.nbsp;This is both a coop and a leasehold that expires in 2040 with no option to purchase once the term is up. I figure if I purchase, they wont be forced to move out and can live comfortably during their retirement years.  <response>: Go ahead and pay cash. You outline all the reasons why you will be fine as well as your parents. 