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Updated about 1 year ago,

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9
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4
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looking to buy a single family home now!!

Posted

Good Morning Everyone!

In 2020 my wife and I Purchased a 2 family house in Massachusetts for 380k and the interest rate is 2.75%(FHA Loan). If I knew what I knew now i would've not went with FHA due to always having PMI. We Currently live in one of our units and rent out the other. The goal was to live here until we pay off student loans and buy our single family. Well Things dont always go as planned. We now have a beautiful 2 year daughter and a full grown dog that needs more space lol. we currently have around 17K left in student loans and we started with around 80k combined!

I'm working my butt off to pay off the remaining student loans and hoping by spring time ill have them all paid off. my question to you is what should my next step be when I pay off my student loans? the only debt ill have is my mortgage 

I do not want to sell the 2 family. I would like to hold on to it and self manage (small time landlord). both units will pay the Mortgage and some once its completely rented out. 

Thank you in advance! 

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