[QUOTE=fungus pudding;894783][QUOTE=JBmurc;894772]
Quote Originally Posted by fungus pudding View Post

How about OWNING a res. property without a mortgage......etc. You can purchase it with a mortgage or two - repay them as your circumstances allow - then refinance, creating a tax effective mortgage.
Yes for sure .. we had a Morg over are last family home along with a company loan >> we decided to change tack sell the family home and move to a cheaper home area in turn being able to BUY Morg free .... then use new equity to purchase more spec property through company ... take profits ... buy commercial property=yield ...(all using RES rates)

Anyway you look at it RES Property is a great first stage of building equity and to put a roof over your head ... once the family home has good equity use elsewhere