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Kelly Williams
  • Riverdale , Georgia
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Rental income towards mortgage or somewhere else?

Kelly Williams
  • Riverdale , Georgia
Posted May 13 2013, 08:48

Hi. I am curious if you buy and hold landlords put more money on your mortgage payments, or somewhere else. I am talking about cash flow. After all expenses, say a property is producing $400 monthly cash flow. The mortgage rate is 3.5%. Does it make more sense to put an extra $100 monthly towards payments, or to do something else with it?

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