Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

83
Posts
12
Votes
Steve Kirsch
  • Hilo, HI
12
Votes |
83
Posts

Pay off mortgage or continue cash flow

Steve Kirsch
  • Hilo, HI
Posted

Hey All,

Recently, one of my SFH mortgages have decreased by $100+ per month. Your thoughts on applying that directly to the principle to pay it down faster (I do not plan on keeping the property more than 10 years. Acquired just 2 1/2 years ago), or save keep building up the cash flow to use for future expenses and other aspects of the business?

Looking forward to your responses.

thanks.

Steve

Most Popular Reply

User Stats

854
Posts
506
Votes
Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
506
Votes |
854
Posts
Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
Replied

Keep the cash. Your mortgage rate should be pretty low compare to what you can get in return in general from the $100.

Loading replies...