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Updated almost 13 years ago on . Most recent reply

User Stats

297
Posts
5
Votes
Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
5
Votes |
297
Posts

What is my best plan of attack

Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
Posted

I own tow SFH both with mortgages. I also own a business and the building has an apartment above it so I don't have a home mortgage per say.

I plan on buying more homes but being a new business owner the banks wont touch me so I am going to have to wait for contract deals to come along..

My thought is to pay down on one of my two rentals but I am unsure if that is my best bet. Owning a business wont the rentals play into my tax savings? Will paying a house off hurt more than help?

Please give me some suggestions.

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