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Updated about 3 years ago,
Buy Rental or Fix up house
Hi, I’m going through a cash out refi. I’m getting 30k but I’m not sure if I should buy my first rental property or put the money towards my primary property. On my primary property the pipes do need to be replace and trees need to be cleared. I’m just not sure what the right decision is. I feel like I should buy another property to rent out but I also feel like investing the money back into my primary property would help me in the future. What would you do?