Reinvesting cash flow or focus on principal pay down?

[Hanan K.]

Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:

At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on principal pay down on your current buy and hold portfolio? We just closed on our third rental, a SFR with a detached second home ( 2 rentals in one). Although we have a small portfolio, the value of the homes is almost 2 million dollars since we are in such a high price area. We have very stable cashflow and we both work full time jobs (though I do not need to). I'm wondering whether it's wiser to start saving for the next one or start paying down some of our homes. Our interest rates are between 3.5%-4.675% on the three rentals. Would love to hear your thoughts!