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Podcast: Rochester Real Estate Investing & Real Estate Financial Planningâ„¢ Podcast
Episode: Is it Better to Pay Off Properties with Cash Flow or In Full When Nomadingâ„¢?
Description: In many cases—not all, but many cases—real estate investors can speed up the time it takes to become financially independent by choosing to pay off the mortgages on their properties early.
Sometimes it makes sense to take every extra dollar beyond a healthy amount of reserves and aggressively pay off properties as quickly as possible. Other times, it might be better to invest money that you have earmarked to pay off properties in something else—like the stock market, for example—until you have enough to completely pay off the mortgage in one single large payment...