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Updated about 6 years ago on . Most recent reply

Eric David Willoughby's profile image
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Eric David Willoughby
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Private Lending & Conventional Mortgage Advice

How to pay your rentals off fast

Eric David Willoughby
Posted

How should I pay off multi unit loans fast and should I put the cash flow back into another multi unit loan

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Heath M.
  • Rental Property Investor
  • from Chattanooga, TN
  • Member since Sep 23, 2017
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Heath M.
  • Rental Property Investor
  • from Chattanooga, TN
  • Member since Sep 23, 2017
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Heath M.
  • Rental Property Investor
  • Chattanooga, TN
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Heath M.
  • Rental Property Investor
  • Chattanooga, TN
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I'd do the Dave Ramsey snow ball method.  Pay extra only on the lowest balance loan and once you pay it off move all that to the next lowest.  But keep some cash reserves for maintenance and capex.

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