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Updated almost 8 years ago on . Most recent reply

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112
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Paige Kelsey
  • Rental Property Investor
  • Vancouver, WA
142
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112
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23 doors what's next?

Paige Kelsey
  • Rental Property Investor
  • Vancouver, WA
Posted

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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17,431
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,081
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17,431
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

24?

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District Invest Group
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