Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Personal Finance
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 8 months ago on . Most recent reply

User Stats

74
Posts
39
Votes
Armando Carrera
39
Votes |
74
Posts

Where to focus on next?

Armando Carrera
Posted

Hi everyone, 

I'd like some advice if you wouldnt mind chiming in.

After closing on our third home, where would you suggest we focus our future on? Work on paying off a home or maybe save for another home in the future?

Here are our mortgages and a snapshot of each one

1) Primary residence: 6.2%, $2,240/month (29 years left)

2)First rental: 3.2%, $1,440/month ($500 CF, 10 years left)

3) Second rental: 7.2%, $2,100/month ($300 CF, 30 years left)

4) Save another 20% for another investment home. This would take us about 30 months

5) Other ideas/ suggestions.

Im all ears.

Thanks for your time everyone!

Loading replies...