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Updated over 4 years ago, 03/01/2020

Jake Zimmerman's profile image
Jake Zimmerman's profile image
Jake Zimmerman
  • Member since Feb 25, 2020
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Jake Zimmerman's profile image
Jake Zimmerman's profile image
Jake Zimmerman
  • Member since Feb 25, 2020
Connect
Jake Zimmerman
1
Votes |
3
Posts
General Landlording & Rental Properties

Pay off mortgage or rent

Jake Zimmerman
Posted

My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off?  I get that we have more dumped in but to pay it off in that short of a time and increase the cash flow seems like a win/win.

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