Your feedback is needed. Reader Question of the day

by Peter Anderson · 0 comments

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.


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Article by Peter Anderson

Peter Anderson is a Christian, husband to his beautiful wife Maria, and loves reading and writing about personal finance. You can find out more about him on the about page or check out his other sites at http://www.quicktofit.com and http://www.logosforwebsites.com. You can also follow him on Twitter at @moneymatters.

Peter has written 671 articles on Bible Money Matters! Read some more of them in the archive.

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