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Updated almost 3 years ago on . Most recent reply

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Dragana Donovic
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High interest rates

Dragana Donovic
Posted

Would you save money u make of rentals to pay off the mortgage or save money to buy another property to rent out? Thank you.😊

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Dragana Donovic

Depends. Would you invest in a stock that pays an 8% dividend or 4% dividend ?

Reason I ask that is now swap it out for property 1 and property 2.

If investing in another property provides greater return than paying down this one then you answered your question

  • Chris Seveney
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7e investments
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