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Updated over 8 years ago on . Most recent reply

Alex Shaughnessy's profile image
Alex Shaughnessy's profile image
Alex Shaughnessy
  • Real Estate Investor
  • from Spring Valley, California
  • Member since Jul 21, 2016
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User Stats

285
Posts
98
Votes
Alex Shaughnessy's profile image
Alex Shaughnessy's profile image
Alex Shaughnessy
  • Real Estate Investor
  • from Spring Valley, California
  • Member since Jul 21, 2016
Connect
Alex Shaughnessy
  • Real Estate Investor
  • Spring Valley, CA
98
Votes |
285
Posts
Investor Mindset

Loan paydown vs. Saving for down payment

Alex Shaughnessy
  • Real Estate Investor
  • Spring Valley, CA
Posted

Hello everyone. I am about to convert my primary residence to a rental. I believe it would cash flow $300 per month. My question is, with the extra money, and given I want to keep buying properties when I can, should I use the extra to pay down the loan or going towards another down payment for a new property? Thank you

  • Alex Shaughnessy
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