Bible Money Matters

Christian personal finance

Your feedback is needed. Reader Question of the day

By Leave a Comment - The content of this website often contains affiliate links and I may be compensated if you buy through those links (at no cost to you!). Learn more about how we make money. Last edited .

Share
Pin
Tweet
Share
0 Shares

I received an interesting question yesterday from Reader J. Thoma

What do you think about mortgages as a form of debt? Is it worth taking a second mortgage to buy rental property and get income from tenants? Or is it better to pay off the first mortgage ASAP?

How would you answer this question? How do you feel about a second mortgage to buy a rental property? Is that a wise decision in this market – or should J. hold off on getting that second mortgage?

Leave your thoughts in the comments, and later today I’ll post some of the responses.


Related Posts

Share
Pin
Tweet
Share
0 Shares
Last Edited: 30th June 2008 The content of biblemoneymatters.com is for general information purposes only and does not constitute professional advice. Visitors to biblemoneymatters.com should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.

About Peter Anderson

Peter Anderson is a Christian, husband to his beautiful wife Maria, and father to his 2 children. He loves reading and writing about personal finance, and also enjoys a good board game every now and again. You can find out more about him on the about page. Don't forget to say hi on Pinterest, Twitter or Facebook!

Share Your Thoughts:

Previous Post:
Next Post: