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Updated over 9 years ago,

Mark Ferguson's profile image
Mark Ferguson's profile image
Mark Ferguson
  • Flipper/Rehabber
  • from Greeley, CO
  • Member since Mar 12, 2013
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User Stats

2,879
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Mark Ferguson's profile image
Mark Ferguson's profile image
Mark Ferguson
  • Flipper/Rehabber
  • from Greeley, CO
  • Member since Mar 12, 2013
Connect
Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
1,353
Votes |
2,879
Posts
General Real Estate Investing

My first rental property is paid off!

Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
Posted

I had the bank wire the money today to pay off my first rental that I bought in Dec 2010. I paid $96,000 for it and put 25% down. I have been using the cash flow from my other 7 rentals to pay down this mortgage. Now I have an extra $400 a month to go towards paying the next one off!

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