But [the pandemic] certainly hurt my situation

We had some Zoom meetings. But [the pandemic] certainly hurt my situation. There were only five rounds instead of 40. Principal pay downPrincipal is the amount of money owed on a loan. An investor can use rental money generated by their buy and hold investment property to pay down the principal on that property’s mortgage. Their loan earns interest based on the amount of principal remaining so the faster you pay down the principal, the less interest you’re charged over the loan’s lifetime.

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