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All Forum Posts by: Keith Sehi

Keith Sehi has started 10 posts and replied 12 times.

Starting Out

Post: Does rei mean forever debt?

Keith SehiPosted
  • Investor
  • Illinois
  • Posts 12
  • Votes 8

I am new to rei and was wondering about the debt we get into. As we keep scaling more properties and acquiring more debt from each one do we basically just have mountains of debt the rest of our lives as other people pay it down? Or am I missing something? Thanks

1 Vote
Starting Out

Post: Pay minimum or extra on mortgage?

Keith SehiPosted
  • Investor
  • Illinois
  • Posts 12
  • Votes 8

Hi, I am new to rei and was wondering if it's better to pay extra on a mortgage or just pay minimum to receive the tax benefit and extra cash flow? I guess what I was thinking is if I'm getting (for easy numbers) $1000/month in rent and mortgage is $500 should i take some or all of the extra cash flow and pay more on mortgage or not? Thanks!

1 Vote