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Updated over 6 years ago,
Selling rental to pay off primary?
I'm just starting out. Trying to find my way still. Not sure what kind of investing i want to dedicate myself to. I have a rental in southern CA that pays itself, but no extra cashflow. I can sell it and pay off my current mortgage with the recent equity. And save up to buy a rental cash in a few years. My current mortgage only has about 7 years left , but my rental still has 27 years. My goals are to have a few paid off houses when i retire (about 17 years). Any advice for a newbie would be appreciated?