Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Pay mortgage or invest?
I bought the coop where I live 1.5 years ago. 20% down, 80% financed. I feel pretty good it’s a gentrifying neighborhood and could eventual sell and make some $$ on it. However I think this will take at least 10 years. When I purchased I did not know I would want to get into investment real estate. I am starting to educate myself, but now I am torn if I should aggressively save up to pay down the principal or save up for an investment property. Any advice?