Pay Off House or Invest in New MultiFamily Property

[Sam Harper]

Greetings BP,

Glad to have been introduced to this community over the last month. I am coming from a classic Dave Ramsey mentality of paying off your house in full before moving on to other real estate investments. 

I am about three years away from paying off my primary residence through a savings plan of money I'm making from my job/side hustles.  Understanding that it can depend on the deal that may be available I wanted to see if anyone else had any thoughts on paying off their primary residence (which in my case would free up about $650/mo in cashflow) or investing in a rental property that would begin growing equity and have a little bit of cash flow.

Any feedback would be appreciated as this is my first go.

Thanks!