It's always smart to save it to have a nest egg and reinvest, but if you need it for other things, use it for other things (but have that nest egg).

Don't try to be smart guys, just copy what works ....

Cool device you crafted, it's certainly worth making one.

"Accredited" means RICH, "sophisticated" means SMART.

In my opinion, solely depending on appreciation in a market is incredibly dangerous and not smart investing.

If you can use smart leverage with a loan on your investment property, this will get you there faster as well (i.e. saving for a down payment vs saving cash to buy out right).To move things along quicker, take action in multiple ways.

He's pretty smart, but just thought I would gather suggestions if anyone else has some experience with it.

I know there's A MILLION ways to finance so I'm interest in hearing what YOU would do if you were me.If pulling money out of the personal residence is your own source of capital smarted play is to refi the house on a 30 year note.

My question is: would it be smart to take my rental income which I get in advance and pay down my mortgage in bigger sums or should I just continue to pay the normal monthly payments?

I'm a medical device engineer myself.