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Matt Finneseth
  • Accountant
  • Fargo, ND
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Put cash flow towards principle?

Matt Finneseth
  • Accountant
  • Fargo, ND
Posted Dec 7 2016, 11:24

This is something that I haven't seen yet as far as an investment strategy. I've thought about taking the cash flows from the rental and putting it towards the principle on the loan in order to expedite acquisition of equity as well as mitigate perhaps thousands of dollars in interest payments over the shortened term. Is this a sound practice, or is it not talked about because there is a better strategy? 

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