So I own some rentals with traditional loans, leveraged somewhere between 50-75% LTV each. Every so often I toy with the idea of paying one or two off, starting with the higher interest loans. Anyone know if, besides ...

Show POF via bank statements, entity docs, appraisal, background check and credit pull, clean title, HOI per lender's guidelines, and close.

You also pay less for an HO6 insurance policy versus HOI home owners insurance costs. 

Sorry I meant HOI (Homeowners insurance) not HOA

@Angus HoI recently spoke with a mortgage broker who specializes in REI in the Calgary area.

@John Ho I would walk away with a BIG smile on my face and then celebrate cause i walked away from huge risk. 1) Given Houston impact for O&G, we should not expect much of appreciation for next 1-2 yrs 2) We save when we buy  and at market price that will not happen unless we believe appreciation will kick in immediately 3) You are putting 20%+ down which should qualify for investment loan (typically 25%) from land from banks etc where rate is around 4.5% now .

I cant imagine HOI would cover it, since it has not fallen.

I will build in funds for general maintenance and HOI on future rental agreements.

@Logan Ho , I just added a Tax Advisor to my "Power Team".  

I'm sure you can understand that I really don't want to do anything until I know for a fact that Mango Capital (Land Ho) is in fact the LEGAL owner of that property.