General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 16 years ago,
Cash out a mutual fund?
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: