Long term loan vs short term strategy

[Richard Hadley]

I'm just curious what other investors prefer and why. Some of my local gurus are recommending that long term loans (mortgages) are better because they get more of the profits right at the start rather than waiting for the property to pay for itself to get a better return. Then there are others myself included that are paying my property's off in 5 years. Getting a better return after. My property's have an roi average of 20%

Just want to hear your thoughts.

[Dan Bryskin]

@Richard Hadley, its been discussed here million times .... search forums. But here is my 2 cents, why would I give cash to the bank to save 5% or 6% if I can invest it and make double digit returns? And ROI is often meaningless, for example: if I do a deal without a cent of my own money that makes my ROI infinite ... i like to look at IRR or MIRR