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Updated almost 12 years ago on . Most recent reply

User Stats

35
Posts
1
Votes
Ron S.
  • Trenton, MI
1
Votes |
35
Posts

Paying Cash for SF Rental homes

Ron S.
  • Trenton, MI
Posted

Was wondering everyones thoughts on Paying Cash for SF rental Homes. I bought my 2 Sf Rentals Cash and have really enjoyed it. It has made it stress free not worrying about monthly payments. This way between tenants or durng rehab your not stressing a payment. I realize some people wont agree with missing out on deductions and leverage. I know i could purchase some more property if i did cash out refis but hate to take on the debt. Maybe this is a mistake I realize rates are awesome but not having that debt over my head is a good feeling. And not having those mortgages really puts me in a great cash flow spot to save alot of money. Please let me know your thoughts.

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