Updated over 18 years ago on . Most recent reply
mtg on rental properties
I would think most of you guys get mtg for you rental properties, so my question is...how long to you take your mtg out for. Do you drag it out for 25 years to increase your monthly cash flow with little pmt on the balance. Or do you take it out for 10-15 years paying off the mtg more quickly but reducing your monthly cash flow. Or does it depend on your situation and what you need out of the property. My goal is to retire early and I am in my late 20s.