Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

34
Posts
4
Votes
Tim Moore
  • Cohoes, NY
4
Votes |
34
Posts

Free and clear vs leveraged

Tim Moore
  • Cohoes, NY
Posted
Hey guys, so I keep flip flopping on how I want to structure my real estate business plan in the future. We always talk about "good debt" on BP and I understand that you can use the properties you have to leverage into more properties, but wouldn't your cash flow be much higher if you had it entirely payed off? Part of me wants to pay everything off as quickly as possible because I don't have dreams of being a billionaire or anything. I want enough passive income to supplement mine and my wife's W2 jobs so we can focus on what we love. Does paying off your mortgage not change the cash flow as much as I'm assuming it would or what? Help me out here and let me know what you think about free and clear vs leveraging your properties to get more. Thanks BP!

Loading replies...