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All Forum Posts by: Sergio Martinez

Sergio Martinez has started 6 posts and replied 13 times.

General Real Estate Investing

Post: Should I pay off the mortgage sooner?

Sergio MartinezPosted
  • Investor
  • Queens, NY
  • Posts 13
  • Votes 1

got it thank you.

0 Votes
General Real Estate Investing

Post: Should I pay off the mortgage sooner?

Sergio MartinezPosted
  • Investor
  • Queens, NY
  • Posts 13
  • Votes 1

sorry can you explain this terminology a bit :

" sfr's with 12% or better ConC returns"

0 Votes
General Real Estate Investing

Post: Should I pay off the mortgage sooner?

Sergio MartinezPosted
  • Investor
  • Queens, NY
  • Posts 13
  • Votes 1

Pardon me if this sounds like a beginner's question. I have an investment property with 2 tenants paying off the monthly mortgage (30 year fix @ 4.25%) leaving me with a little less than a 1k a month. I’m debating whether I should really dedicate all my funds in paying off the mortgage in 10 years or should I instead use that money for the down payment to another property which is one of my goals. I really enjoy living debt free. Any advice?

0 Votes