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Updated over 6 years ago on . Most recent reply

User Stats

79
Posts
30
Votes
Cole Farrell
  • Investor
  • Easton, PA
30
Votes |
79
Posts

Where to put your money - Loan or Cash

Cole Farrell
  • Investor
  • Easton, PA
Posted

Is it better to take positive cashflow and pay down the mortgage (in effort to eliminate) or save the money for a potential next deal?

Most Popular Reply

User Stats

45
Posts
20
Votes
Tommy Cangelosi
  • Real Estate Broker
  • Valdosta, GA
20
Votes |
45
Posts
Tommy Cangelosi
  • Real Estate Broker
  • Valdosta, GA
Replied

@Cole Farrell I think it all depends on what you want to accomplish. Are you trying to scale your business? If so, then you should use your positive cash flow to find new deals. You're still paying done your note as you go, because your "positive" cash flow is after PITI.

  • Tommy Cangelosi
  • Loading replies...