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Updated almost 4 years ago on . Most recent reply

User Stats

19
Posts
7
Votes
Manjunath Shetty
  • San Jose, CA
7
Votes |
19
Posts

Paying off rental properties?

Manjunath Shetty
  • San Jose, CA
Posted

Is it good idea to pay off the rental properties with the money you keep for future deals? And then take heloc when you actually find a good deal. Then refinance the paid off property to pay off heloc loan.

I was wondering if I can do something better with the money I have saved up for the next deal while I wait for my next deal?

Most Popular Reply

User Stats

326
Posts
265
Votes
Erickson Sainval
  • Investor
  • San Diego, CA
265
Votes |
326
Posts
Erickson Sainval
  • Investor
  • San Diego, CA
Replied

What is your ultimate goal and is this the most efficient way to get to it. If you think this is, than do so. If this has been your current actions and your happy with the progress, than continue it. 

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