Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

10
Posts
3
Votes
David Wild
3
Votes |
10
Posts

Sell primary to pay off investment property?

David Wild
Posted

Im considering selling my primary residence to pay off 3 rentals. I would be able to rent a house for the amount of rental income I would receive if they were paid for. This would allow us to use all our day job income to completely pay off a 4th rental within 2 years. Then the plan would be to save money for a down payment on a new primary residence  the following 2 years. At that point we would have about 5k in passive income to make our mortgage payment. If the market started to go crazy I would probably  sell the 4th property and buy a primary  residence sooner. Looking for pros and cons. Thank you.

Loading replies...