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Updated almost 8 years ago on . Most recent reply
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23 doors what's next?
Hey guys the stats: the goal is long term passive income
-23 doors all cash but 1
-Financing 14 out
-I have a full time job and so does my husband
- all rental cash on cash unfinanced is is20%+ unfinanced
-We just moved to portland oregon and have no investments or property here
Question- once we pull money out of these rentals through refinance is it better to use that toward a larger down payment on a primary home or keep buying all with the end goal in mind of just living off passive income? Homes in the pdx to live in will run us between 600k- 800k
Side note - we were about 1500 a month shy of a our overall goal before the refi but once we do this it will drop that to about 3500 with debt service but... we will have cash again... your thoughts?
Most Popular Reply
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24?
- Russell Brazil
- [email protected]
- (301) 893-4635
- Podcast Guest on Show #192
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