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Updated about 11 years ago on . Most recent reply

User Stats

54
Posts
4
Votes
Dylan Burnett
  • Involved In Real Estate
  • Pennsville, NJ
4
Votes |
54
Posts

What's the best mortgage length you all do?

Dylan Burnett
  • Involved In Real Estate
  • Pennsville, NJ
Posted
A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as much as he can from the properties which he puts Into retirement accounts plus all of the money is untaxed . What do you all think of this and if anyone has another strategy I would like to hear about it

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