Pay Down vs Invest
I currently have enough money to pay down 65% of a California townhome I plan to live in, but that money could easily buy several investment properites in other parts of the country.
My uncle is a real estate agent who owns a property management company. He told me if I decided to buy property in his area he could put me in contact with a birddog and set me up with some nice investment property.
My question is, should I go ahead and pay down my house or buy rental property and let that pay my mortgage?