Payoff Debt or Move Forward?

[Michael Barido]

I know this is personal for everyone but I'd like to share where I am. My wife and I have good jobs and we do have $80k in debt (not good debt but bad debt). We have leftover around $3,200/ month and we currently have 2 rentals not counting our house havk basement apartment (yes the cash flow is part of the $3,200/month leftover). These rentals were houses we lived in prior to them being rental. I have HELOCS with my residence and one if the rentals totalling $150k. I was thinking of using the HELOCS to get rid of the $80k which is a higher interest and then knocking thise balances out. My question is would you continue to knock out the $80k debt with the $3,200/month and use the HELOC to invest in real estate or would you knock $80k with the $3,200/month and then use the HELOC to invest?

[Michael Barido]

@Scott Trench this is really what I was thinking. I don't like debt hanging over my head and would feel more comfortable debt free. But I also have this desire to move forward on the journey

@Theresa Harris the $80k is basically a one off - home improvement.

Thanks to all who replied.