The Mortgage Payoff Dilemma: Weighing Financial Freedom Against Security

Rich of Rich On Money tells you if you should pay off your mortgage early

Episode 2469: Should I Payoff My Mortgage Early? by Rich of Rich on Money on Pros and Cons of Paying Off Your Mortgage Early

Rich is from Montgomery, Alabama. He buys rental properties in cash, fixes them up, rents them out to local families, and manages the properties himself. He's been doing this for the past 20 years. He now owns 30 units, with 20 single-family homes paid off.

And he didn't have an easy start. While serving in the military, he paid off $32,000 in student loans in a year, paid off a $280k mortgage in 6 years, flipped several houses in Washington D.C. to help build income for real estate investing, purchased 20 rental properties with cash, and set up systems to do all of this while serving overseas.

The original post can be found here: https://www.richonmoney.com

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