What it Means for a Company to Be Debt-Free in the Real Estate Industry

Real estate tends to rely more on deals, investment and risk taking. Often, these ventures entail the use of debt, or the act of borrowing money to purchase and/or develop property. However, some organizations decide to look for another strategy — the strategy of being free of debts. But what does the term ‘debt-free’ actually mean when applied in real estate? Let us first try to dissect it in simple language.