Updated about 7 years ago on . Most recent reply
Loan Payoff vs Cash Flow
I am currently renting my old primary house that I didn’t sell when I got married in 2013. The expense on the house is $1335 and the rent is $1775 I owe $85k. The house has a new 25 year roof and I replaced the HVAC unit last year. I have $10k saved up and can save about $1300/month for future investments. Is there a point when you stop saving money and start paying off existing mortgages faster?