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Updated almost 2 years ago,

User Stats

16
Posts
8
Votes
Riley Hoffman
  • Saint Charles, MO
8
Votes |
16
Posts

Paying off Personal Home Loan or Saving for RE Investing

Riley Hoffman
  • Saint Charles, MO
Posted

I am not sure this is the best place to put this discussion, but here we go. My question is would it be better to pay down my home loan on my personal home or save that money for real estate investing? The plan would be to use the equity I built into my home and take a out a HELOC to then invest in real estate with said HELOC. Is there any advantage to doing it this way? Or would it be better to just save that money and then invest using the money I saved?

Any thoughts would be greatly appreciated!
 

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