Paying off mortgages for rental property or holding the loan?
Im posting this for a friend that buys alot of rental houses that he rehabs. He is trying to try a new strategy and wondering if paying off a rental property right away is better than just holding on to the loan. Note these are loans for less than 50K. We are trying to come up with a long term strategy and what would be better for the future of his company. Any help is appreciated!
James