When I purchased the home, I paid around $6,000 for the VA funding fee.

Parents going through a divorce but would like to keep their 4 properties as rentals as mortgage is paid off and are cash flowing 15k/mo.

Paid on Non Paid

He never paid a dime and they finally gave up.

I paid cash in an estate sale four years ago.  

Conventional Loan$200,000 (purchase price)x20% (down payment) =$40,000 down.FHA Loan$200,000 (purchase price)x3.5% (down payment) =$7,000 down.If PMI is 1% of purchase price, thats $166/month or $2,000/year.So, you can save $33,000 on a down payment but have to  pay an extra $166 a month in PMI. 16 1/2 years later, you will have paid $33,000 in PMI.

(I got the building and paid the tax bill on time, lots of top ramen) My point being is that you'll always have problems sticking to your goals.

So yeah, I paid off my mortgage and I'm not sorry one bit.

You will have greater cash flow ,prob be able to hire some basic management so you can have less headaches, and get paid for putting deal together. 

The mortgage got paid off at closing and we walked away with the difference.