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Updated about 4 years ago on . Most recent reply

Should I pay off my rental property that generates 36k per year ?
I want to get a second property but must of my money is in the stock market. I have enough money in investments to pay off this house but I don't know if is the right decision if I'm trying to scale.
Most Popular Reply
I would say, better re-finance at the lowest rates ever now and use cash to invest in other rentals. Use BRRRR method and you have an exponential growth to your money. If you pay it off, you'll get hit more on your taxes.