Now, today, just short of four years later, I have completed on a re-mortgage to "staircase", in the vernacular, to 100% ownership. It meant I had to move to a brand new, 30-year mortgage to be able to afford the payments, but I am now officially and fully a slumlord.
Very happy to own my little piece of the East End (and get out of the ever-raising rent portion - was to be 7% this year!).
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