Other Peoples Money Financing - Should You Pay Off Rental Property Quickly

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Manage episode 214505420 series 2280332
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#019 The big key to Growing your rental property business is to use leverage and OPM which is other people's money. Not all of us have millions of dollars to go out and buy investment property so we need to borrow money in order to buy our next rental property. Now you may get to the point where you start to ask yourself whether or not you should pay off some of the mortgages that you currently have on all your properties. The answer depends on a number of factors and comes with each person's own situation.

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