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All Forum Posts by: Keith Sehi

Keith Sehi has started 9 posts and replied 11 times.

Starting Out

Post: Pay minimum or extra on mortgage?

Keith SehiPosted
  • Investor
  • Illinois
  • Posts 11
  • Votes 8

Hi, I am new to rei and was wondering if it's better to pay extra on a mortgage or just pay minimum to receive the tax benefit and extra cash flow? I guess what I was thinking is if I'm getting (for easy numbers) $1000/month in rent and mortgage is $500 should i take some or all of the extra cash flow and pay more on mortgage or not? Thanks!

1 Vote