Do small to mid-sized rental property owners actually pay of mortgages, or aim to constantly re-finance?
Added (1). I'm curious whether people actually pay down mortgages on say, duplexes, maybe four-unit, smaller rental buildings.
Or do they look for balloon mortgages, take in rent every month above the debt service, and then look for a new mortgage when it comes time to pay of the first?
Read more: Do small to mid-sized rental property owners actually pay of mortgages, or aim to constantly re-finance?
