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HomeForumsReal Estate News & Current EventsPay off current mortgage or ...?
Greg Gangle's profile image
Greg Gangle's profile image
Greg Gangle
  • Rental Property Investor
  • from London, ON
  • Member since Apr 5, 2019
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Greg Gangle's profile image
Greg Gangle's profile image
Greg Gangle
  • Rental Property Investor
  • from London, ON
  • Member since Apr 5, 2019
Connect
Greg Gangle
  • Rental Property Investor
  • London, ON
13
Votes |
43
Posts
Real Estate News & Current Events

Pay off current mortgage or ...?

Greg Gangle
  • Rental Property Investor
  • London, ON
Posted Jan 1 2021, 12:47

Hi Everyone

This is a question I’ve been pondering for quite some time now. Currently I owe roughly about $300K on my principle residence. Over the past 1-2 years I’ve purchased 5 rental properties that all cash flow well and have appreciated nicely. 

My question is: should I sell a few properties/or most of them to pay off my current mortgage?

We are all unsure about what 2020 might bring and no one has a crystal ball. 

Would like to hear everyone’s thoughts. 

Much appreciated 

Greg

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