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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Wakes Andre's profile image
Wakes Andre's profile image
Wakes Andre
  • from North Miami Beach, Florida
  • Member since Mar 25, 2017
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Wakes Andre's profile image
Wakes Andre's profile image
Wakes Andre
  • from North Miami Beach, Florida
  • Member since Mar 25, 2017
Connect
Wakes Andre
  • North Miami Beach, FL
2
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28
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Mortgage Brokers & Lenders

Primary Residence Mortgage

Wakes Andre
  • North Miami Beach, FL
Posted Jun 16 2018, 20:30

I have a few paid off rental properties and I have a mortgage for my primary residence. I'm thinking to put $50K toward my mortgage to lower my payments a bit and save some money in the long run.

Could you tell me please if this the right approach? Or there are some benefits or tax deductions of having the mortgage I can take advantage of? Please let me know.

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