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
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 6 days ago on . Most recent reply

User Stats

5
Posts
0
Votes
Miguel Doreus
  • Investor
  • Hollywood Florida
0
Votes |
5
Posts

What would you do? would you pay off the 1st loan before reify?

Miguel Doreus
  • Investor
  • Hollywood Florida
Posted

Hi, my partner and I paid off our primary home.  we then reified, and purchase a second home.  A close family member is paying the mortgage.  However, the property does not cash flow.  we owe About $48K on the primary home.  We would like to purchase an investment property.  Should we wait till we paid off the $48k before polling the trigger? If not, what would be our options?

Loading replies...