Payoff House vs. investing it
I would love to get some feedback from you all. I have the opportunity to pay off my house or invest it in real estate(buy&hold sf&mutli). I would love to know everyone's thoughts on this.
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There is more to this than can be quantified with a math equation. This is a home. There is no way to explain the feeling of freedom and security that comes from owning your home outright. How much that is worth to you depends on many factors such as your age, how secure your income is, and how likely you are to want to move.
For me and my family, the choice is pay it off. We paid off our own mortgage about 3 years ago, and paid off the mortgage on our business property about 2 years ago. We are completely debt-free, and would like to stay that way, but are not absolutely opposed to borrowing for a rental property if necessary.