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Updated 6 months ago on . Most recent reply

User Stats

71
Posts
39
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Armando Carrera
39
Votes |
71
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!

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