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All Forum Posts by: Chris Mandle

Chris Mandle has started 19 posts and replied 41 times.

Starting Out

Post: Pay mortgage or invest?

Chris MandlePosted
  • Investor
  • Posts 43
  • Votes 11

I bought the coop where I live 1.5 years ago. 20% down, 80% financed. I feel pretty good it’s a gentrifying neighborhood and could eventual sell and make some $$ on it. However I think this will take at least 10 years. When I purchased I did not know I would want to get into investment real estate. I am starting to educate myself, but  now  I am torn if I should aggressively save up to pay down the principal or save up for an investment property. Any advice? 

0 Votes