Updated over 4 years ago on . Most recent reply
Pay off a property or buy another property?
I am closing soon on the sale of a property and making a good amount of money. In my area, like most, property values are sky high and most are selling in a day or two. In the past I have purchased more buy and holds with any profits from a sale. I am debating now if I should stick with that plan and buy another property or pay off one (or two) of my current rental property loans for more cash flow?
Thoughts or suggestions?