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.
General Landlording & Rental Properties
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 7 years ago,

User Stats

39
Posts
23
Votes
Alexander Parada
  • Woodland Hills, CA
23
Votes |
39
Posts

Should I pay off my home or buy more rentals?

Alexander Parada
  • Woodland Hills, CA
Posted
Hello Everyone at Bigger Pockets! I currently own 5 properties in Houston TX all residential rentals. I have a mortgage on only one of them. The home with a mortgage I am currently selling after sale I will have rough 300k take home the same amount I need to pay off my current non investment home I live in. Would it make more sense to pay of my home? Or purchase two rentals at 150k each in Houston to rent them out for $1500 each which is 36k gross 20-24k net. I would love hour suggestions and input. I know no on in my circle that buys and holds time to change that. V

Loading replies...