Updated 9 days ago on . Most recent reply
Pay off commercial rental or invest in another?
I need some advice for the current situation that I am facing. I have a commercial rental property which I am debating on paying off. I owe $104,000 with an interest rate of 8.5%, I make a gross $800 per month after monthly expenses. My mortgage is $1085 per month. Should I pay off mortgage or invest on another property? Why?@