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Mobile Home Park Investing

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April Robbins
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Pay off line of credit or reinvest

April Robbins
Posted Oct 27 2018, 08:11

I have 4 rentals bringing in $2000 month cash flow. Only debt is line credit at bank for $9500 at 12% interest. My husband had a new business do bad and we have 55k in credit card bills at 21% eating us alive. Should I use cash flow to pay off bank first and keep growing properties or should I hold off and pay down credit cards with that money and wait on growing 😞😢.

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