MEET RICK TOBIN
Investors can apply any excess net rental income each year to paying off their mortgage faster . With consistent annual rents , a 30year mortgage or a shorterterm 5year or 7year interestonly mortgage with much lower monthly payments than the best 30year fully amortizing rates can be paid off much faster as more principal is paid off with extra payments .
The sooner that your homes are free and clear , the earlier you can retire and live off of the monthly cash flow while not touching your equity gains . A fairly consistent plan of buying and holding shortterm and / or longterm rental properties is a prime example of letting your money work hard for you instead of the other way around .
Rick Tobin has a diversified background in both the real estate and securities fields for the past 30 + years . He has held seven ( 7 ) different real estate and securities brokerage licenses to date , and is a graduate of the University of Southern California . Rick has an extensive background in the financing of residential and commercial properties around the U . S with debt , equity , and mezzanine money . His funding sources have included banks , life insurance companies , REITs ( Real Estate Investment Trusts ), equity funds , and foreign money sources . You can visit Rick Tobin at
RealLoans . com for more details .
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