23 doors what's next?
Hey guys the stats: the goal is long term passive income
-23 doors all cash but 1
-Financing 14 out
-I have a full time job and so does my husband
- all rental cash on cash unfinanced is is20%+ unfinanced
-We just moved to portland oregon and have no investments or property here
Question- once we pull money out of these rentals through refinance is it better to use that toward a larger down payment on a primary home or keep buying all with the end goal in mind of just living off passive income? Homes in the pdx to live in will run us between 600k- 800k
Side note - we were about 1500 a month shy of a our overall goal before the refi but once we do this it will drop that to about 3500 with debt service but... we will have cash again... your thoughts?