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Updated almost 7 years ago,

User Stats

19
Posts
5
Votes
Jelani Tate
  • Homeowner
  • Aurora, IL
5
Votes |
19
Posts

Pay off own home or invest in real estate?

Jelani Tate
  • Homeowner
  • Aurora, IL
Posted
Is it better to pay off your own home or start putting aside money for investing in real estate? I have been a home owner for 8 years and I have always paid an additional ~10% of the monthly mortgage every month towards the principal of the loan. Any thoughts to whether or not this plan will help achieve financial independence sooner, or should I put this 10% into building a real estate fund? True and honest opinions are always welcome. Thank you, Jelani

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