All Forum Posts by: Sergio Martinez
Sergio Martinez has started 6 posts and replied 13 times.
Post: Should I pay off the mortgage sooner?
Sergio MartinezPosted
- Investor
- Queens, NY
- Posts 13
- Votes 1
got it thank you.
Post: Should I pay off the mortgage sooner?
Sergio MartinezPosted
- Investor
- Queens, NY
- Posts 13
- Votes 1
sorry can you explain this terminology a bit :
" sfr's with 12% or better ConC returns"
Post: Should I pay off the mortgage sooner?
Sergio MartinezPosted
- Investor
- Queens, NY
- Posts 13
- Votes 1
Pardon me if this sounds like a beginner's question. I have an investment property with 2 tenants paying off the monthly mortgage (30 year fix @ 4.25%) leaving me with a little less than a 1k a month. I’m debating whether I should really dedicate all my funds in paying off the mortgage in 10 years or should I instead use that money for the down payment to another property which is one of my goals. I really enjoy living debt free. Any advice?