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.

You know, it's been a while since I've taken some listener questions,

so I thought I would grab three or maybe four today and cover some random questions.

These all came in within the last four weeks, so these are relatively fresh.

So the first question here is from it's either Charmé or

sharms. I guess it depends on whether it's French or not. So if I've

mispronounced your name, I apologize. In other case the question is hi Marco thank you for the

excellent podcast our family appreciates you and your team for providing quality

content and delivery and becoming real estate investors well you're absolutely welcome the question is and residents. How can this strategy be set up? I'm motivated to save and invest in

rental properties with your company. Thank you for sharing your expertise, kind

regards. Well, great question. So let me answer it this way. You're basically asking about making

bi-weekly payments or maybe some other form of payment strategy. So this is actually a great thing to do for people who want to

accelerate the pay down of their mortgage regardless of whether it's a 30 year or

15 year or whatever it may be. Of course you're going to have to check the mortgage

documents to make sure that you can do that without paying any fees or

penalties. Most mortgages are set up where you can accelerate the payments or pay off additional

principal without penalty there may be a pre-payment penalty if you pay it off

within the first one two four, or five years.

Again, that will be in your mortgage document

or your promissory note for your mortgage.

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