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Updated over 19 years ago on . Most recent reply
question
hi
i'm really new with real estate investing. i havent even begun to own anything because i'm still reading n'stuff. but i have a question, and it could possibly be a dumb one, but i dunno, so bear with me. you buy a property and, you know, you have to pay your lenders over 20-30 years. but let's say after 7 years you plan you sell this property. do you still owe the lenders for a property you don't even own anymore? im really really sry if this question is dumb or doesnt make any sense. i've only been reading about real estate for like 6 days. :oops: