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To: pierstroll

We own a few properties.... we are in it for the long term too. They are our retirement plans in about 20 or 30 years. Dump money into the loans until they are paid off... sell them in our late 50’s or not...


107 posted on 08/10/2007 7:10:41 AM PDT by Porterville (I'm an American. If you hate Americans, I hope our enemies destroy you. I will pray for my soul.)
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To: Porterville
I'm not one for paying off loans. If I can reinvest equity for more than I pay for the loan, I can give the bank less money. Better to invest the equity as early as possible. My kids will make our fine from what we have.

Your well into your plan and you'll probably do alright. RE is much better with the leverage than most other ways to build a retirement.

Best wishes!

108 posted on 08/10/2007 8:47:11 AM PDT by pierstroll
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