Would it be better to do that so that you can refinance the rental home faster and you might actually be able to get a better deal since you would be buying the house cash?

It helps me get off the ground faster in a new market.

@Derek LeBlancIf you want to make money with lease options and you are BROKE, lease option assignments are the best way, fastest way, faster than wholesaling. https://www.dropbox.com/sh/0g4o90m54qgr6ol/0oB9XwjJ9Q free files

I think that "subject to" and "lease option assignments" are both a lot easier and faster.

@John Steele @Chuck Holland The only reason why I prefer to pay off the smaller mortgages is that I get the benefits of being able to save more money faster.

Also as a great way to have faster cash available for future projects.

On several of our older homes we've used black floor paint (latex based) then followed it with three coats of oil based Varnathane (which seems to dry faster than the oil based paint).

The warmer it is the faster it will dry.

The opposite of that is "Call Risk" where since rates are dropping, prepayment occurs faster since borrowers want loans with less interest so an investor has their principal returned sooner and are then caused to reposition into a lower yielding instrument.

Edit: Basically, I would like to know how to get into the Commercial game faster, because once I am a player in the Commercial game, then I'm sure I would not deal with SFH's, but who knows.