Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Hello friends and welcome to another episode of Ask Marco

where I answer your investing related questions.

Now remember, if you haven't subscribed to the show,

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subscribe button and remember to subscribe today's question comes from Jim and Jim says

hi Marco I'm one of your listeners in the Southern California market who has benefited

from equity appreciation on my

primary residence. I'm considering refinancing to use this idle equity in cash

flow markets. As a 60-year-old I'd like to accelerate the amortization on the newly purchased turnkey property.

From a number's perspective, would it ever make sense to purchase one of Norrata's turnkey properties by putting down a greater down payment, say 40%, and financing

your investment over 15 years as a way of accelerating amortization, Jim.

Jim, good question and thanks for sending that in.

The first question I guess you need to ask yourself and what I would ask you is,

what is your overall goal?

It sounds to me pretty clearly that cash flow is your

primary focus here, cash flow over growth because these are kind of opposite ends of the spectrum,

although you can kind of target both of these at the same time,

but really you have to give up a little bit on one to gain more on the other, typically.

Let's just assume cash flow is your focus because that's what it sounds like but you're also trying

to achieve something which impacts your monthly and annual cash flow and that is

...