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.
General Real Estate Investing
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 almost 16 years ago,

User Stats

43
Posts
8
Votes
Matt Batson
  • Inspector
  • asheville, NC
8
Votes |
43
Posts

Cash out a mutual fund?

Matt Batson
  • Inspector
  • asheville, NC
Posted

I have a single family home I rent that has about 28K remaining on the loan.
I collect about 500 a month, after prop. management fees.
I'm thinking about cashing out a mutual fund and paying off the house.
Then, my 28K would be making approx. 500 a month, or about 6K a year, as opposed to the 0 dollars it is making invested in the market.
Also, Dave Ramsey writes that the only way he owns rentals is if he owns them outright with no loans

Does any of this make sense or am I missing some very important facts?? :mrgreen: