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Updated over 2 years ago,
Looking for some advice
Hey all, I have a quick question that I'm looking for advice on.
My wife and I own an REI business and we currently have approximately $1.2 m in equity in our 10 single-family rentals. My question is: Would you focus on paying down those properties as fast as possible to increase equity, pull that equity out of those properties to invest in more properties, or not touch the equity at all?
We also generate approximately $1m in annual salary (not including our REI business), so I'm simply curious about what YOU would do.
Thanks in advance.