Paying off mortgage for rental properties will be better wheh there are no other income but I have cash? - better to pay off mortgage
I bought two houses for investment purposes. There are rental income, but not today more benefits. Since I have decided to return to school next 6 years I have only rental income, but income from the mortgage leaving without cash flow. I have more than enough money to pay for the two houses. Is it better to pay all my money
if I have more work for the next 6 years, and cash flow. Charged by the bank at that time. To get paid for a house and another for the interest deduction to the left?
Sunday, January 17, 2010
Better To Pay Off Mortgage Paying Off Mortgage For Rental Properties Will Be Better Wheh There Are No Other Income But I Have Cash?
3 comments:
Yes, it's good to pay
I would say it is better to pay for a house and keep a little money while in school. An alternative is to pay for two houses and then use a new service as CARDIT, http://cardit.com/ to pay a higher mortgage to your credit card now and whenever you are short funds.
Paying an accountant to make money for you.
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