Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 over 9 years ago,

User Stats

39
Posts
8
Votes
Marquis W.
  • Investor
  • Albany, GA
8
Votes |
39
Posts

Could have all three rentals paid off in 3yrs should I?

Marquis W.
  • Investor
  • Albany, GA
Posted

I am a firefighter and started a second full-time job with purpose of increasing income so that I can buy more property, reduce current toxic debt(any debt that doesn't pay for itself) and paying off the 3 rentals that I currently have so that I can take and borrow on them again to buy more rentals. Was wondering if this is the best route to go or would it be better to use extra money to give me and my wife's ira and 401k a big boost. I am only going to do this 2nd job for 3 years and I know the first year is going to consist of getting out of the toxic debt so that leaves 2 years of either paying off rentals or investing heavily into ira and 401k...

Loading replies...