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Easy Cash Flow for Retirement by Carrying Paper

Do sellers carry paper on purpose? Actually, yes, they do. About 5 years ago I bought a small commercial property from an older couple who were ready to retire. They had purchased the building for their travel agency 27 years previously, and they had paid off the mortgage knowing that eventually, carrying paper would be a significant part of their retirement income. In fact, they paid off their commercial building before they paid off their house!

 

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