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Updated about 6 years ago on . Most recent reply

Cathryn Burke's profile image
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Cathryn Burke
  • Investor
  • from Edmond, OK
  • Member since Nov 28, 2017
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Cathryn Burke's profile image
Cathryn Burke's profile image
Cathryn Burke
  • Investor
  • from Edmond, OK
  • Member since Nov 28, 2017
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Cathryn Burke
  • Investor
  • Edmond, OK
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Innovative Strategies

To buy or pay off and take equity

Cathryn Burke
  • Investor
  • Edmond, OK
Posted

I am 35yrs old and currently own 13 rentals which produces a nice cash flow each month. All homes are financed with 20-30% Down and 15-30yr loans. I am I this for the long haul.

What are the advantages of saving up and financing another vs paying off a loan and taking out a home equity loan to purchase another?

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