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Updated over 1 year ago on . Most recent reply

Pay off mortgage or use leverage
Hi everyone. I was just curious your thoughts on the pros and cons of paying off mortgages early on investment properties vs using leverage and scaling to a larger amount of properties quicker.
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I pretty much agree with @Chris Seveney but would also say that even if your rate is a little higher than you would like but the property still cash flows then I would use my money to scale. Once that property is paid off that capital is "locked up" into that property and may be hard to get out until you sell.