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Results (2215)
Jaren Smith Paying off rental properties
17 October 2020 | 3 replies

Hello!! I’m wondering how long it should take to pay off 100% if a property’s mortgage using the brrrr strategy??assuming that the deal I would be paying off is a good deal.

Caleb Green Paying off rentals early
30 July 2017 | 43 replies

I just wanted to get opinions on applying the rents you collect every month to the principle loan amount.

I have 2 rentals that are currently rented. The first one I've had for 3 years. I did not escrow the insuranc...

Thomas Nagle Paying off rental mortgage
6 January 2023 | 6 replies

I bought a duplex about a year ago and have about $81,000 left on the mortgage.  Paying about $270 a month to interest.  The place is prob worth about $130,000.  I know a lot of people say it’s smarter to keep your mo...

Marty Summers Living off rental portfolio?
21 January 2019 | 5 replies

I want to ask this question to everyone. Is there anyone in here lives directly off their rental portfolio? Will you please share your story?

-Marty

Will Mejia Paid off Rental Property!
17 February 2025 | 21 replies

I just paid off a rental property in Chicago. It's worth about 500k in equity. The rental is giving me about $3,900 rental income a month.I dont have another property. I had a second one but sold it in 2024 and invest...

Palmer Thomas Using paid off rental as down payment for DSCR loan
16 September 2024 | 8 replies

I have a paid off rental (approximate value $150k) that I was wanting to use the equity as a down payment on another rental house purchase ($200k purchase price).  Is this a common thing most DSCR lenders can do?  I d...

Anil Bajnath can i still get a loan?
29 February 2020 | 1 reply

hey all. i have a paid off rental property in orlando FL. the property is in a land trust, my dad being the trustee and me being the  beneficiary. i want to possibly refinance or get a HELOC to purchase another prope...

Lisa Sluss Cash-out equity loan
13 August 2020 | 1 reply

I recently paid cash (160k) for a rental.  I’ve since decided that I’d like to tap into the equity.  50% or more.  I don’t qualify bc I’m not currently working.  I lived off rental income until March, when I sold the ...

Patrick Roane Getting ready to purchase an SFR rental
19 November 2024 | 11 replies

Hey folks,Quick questions for you. I have enough cash in the bank to purchase a small  2bd, 1ba SFR (already cash flowing/w tenant) outright. My question is, should I make a cash purchase so I can own it free and clea...

Bob Hines To lever up or not?
10 March 2010 | 5 replies

I'm sitting at a crossroads in my business and I'm looking for different points of view on which road to take.

Currently I own two 2/1 SFHs that are rented. Rents are $585/month on each and I have about $22k in each...