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Updated over 6 years ago on . Most recent reply
To pay off or to reinvest ?
I recently bought a townhouse in a renter popular area. The property is occupied and i am currently making rental income. I only financed 70K. I am fortunate to say I am saving significantly between rental income on this property, my profession, and other investments. My questions is .....
Should I pay off the property ASAP or use the 70K to put down for another property similar property with similar deal in today's market? FYI I am based and investing in South Florida.