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Jermell Shavers
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Paying off all debts or buy another rental property ?

Jermell Shavers
Posted Dec 1 2019, 17:45

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.

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