Your feedback is needed. Reader Question of the day
by Peter on June 17, 2008
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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Reader Question
Peter Anderson is a Christian, husband to his beautiful wife Maria, and an aspiring personal finance writer. 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 619 articles on Bible Money Matters! Read some more of them in the archive.
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