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Updated about 1 year ago on . Most recent reply

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Shahil Keshav
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Additional payments on your rental property mortgage

Shahil Keshav
Posted

Hello All, 

Any strategies on how to approach making additional payments towards rental property mortgage? 

Monthly extra payments?

Lump sum payments once a year?

Start a high yield savings account, CD, money market and use this to pay lump sum once a year?

I would appreciate any feedback. 

Thanks!

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Allan C.
  • Rental Property Investor
656
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Allan C.
  • Rental Property Investor
Replied

@Shahil Keshav build equity faster to cash-out refi is such a contradictory statement. Please think about that strategy further to see if it really makes sense.

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