Posted by Ronald * Starr(in No CA) on March 07, 2003 at 12:56:28:
Druss---------------------
No. Why not? Use the money that would pay down that mortgage to buy other properties. You should get a return on your investment which is greater than the return you get from paying down debt early. Typically the return on paying down debt early is about 0.25-0.50 of a percent above the interest rate on the loan being paid down early. If you are not getting at least 10% per year return on rental properties, you probably not doing things correctly.
Good InvestingRon Starr********