But life goes on and I knew Tom would want me to "suck it up" and get back to work and that's just what I did and over the next three years our manufacturing company was very profitable and I was made a very lucrative offer to sell the company so I did and at the ripe old age of forty I was retired.

I received a call today from an executor with a home in a nearby retirement community.

If I went with 20yr these figures would be much better but at 38 yrs old and wanting to have it as a retirement I'm not sure I should go above a 15 yr loan.

I was think something that would show the benefits of having them carry a mortgage, and I would mostly be targeting burned out landlords and absent or retiring property owners that own free and clear.

My "Why" is I want to be able to retire early.  

The rest of the properties will be held and drawn down during retirement and/or passed to her kids in her estate.

My real estate experience is limited to helping take care of my parents rental for a few years once they retired, and it was easy enough to do, since it was paid off and they had a great renter that took care of the house.  

I have been lurking around the forum for a couple days and figured I should say hello.I am here to learn how I can spend more time with my wife and retire early.

I retired from engineering and now do real estate exclusively.  

No problem.Between all assets and retirement funds, we have a net worth of $1.65 Mil.