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Updated over 6 years ago on . Most recent reply

Kendrick Victoria's profile image
Kendrick Victoria's profile image
Kendrick Victoria
  • from Staten Island, New York
  • Member since Jul 5, 2018
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Kendrick Victoria's profile image
Kendrick Victoria's profile image
Kendrick Victoria
  • from Staten Island, New York
  • Member since Jul 5, 2018
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Kendrick Victoria
  • Staten Island, NY
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Buying & Selling Real Estate

Paying debt off vs buying more property

Kendrick Victoria
  • Staten Island, NY
Posted
I purchased a two family house in NY almost two years ago, but to purchase that home I took a pension loans and a personal loans to cover some of the closing cost ( 70k). There is enough equity for me to take out a loan now. Should I pay the debt I incurred or use that equity to purchase another home.
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