Updated almost 6 years ago on . Most recent reply
Paying off all debts or buy another rental property ?
A. Should I pay off all my debts aka Car Note small student loan credit card debt ?
B. Buy another rental property and use the cash flow to pay down my debts faster ?
What would you do paying off all my debts would increase my credit score and allow me to take out a Heloc and let me save the cashflow from my current rentals and my job for the next deal. I just want to hear from the community and see what’s the best thing to do. I don’t know if this makes a difference but in 2021 I’m going out of the country it would help me a lot if this debt is paid off.