looking for advice, pay off property? or buy another?
so I bought a small packaged deal (triplex & single family) the triplex is on a bank loan but I want advice on what to do with the single family.
The single family is on a 7 year 7% for 23.4k seller financed. about $353/month.
should I pay this off first before buying another property? that would put $350/m in my pocket, and then I can get a bank mortgage on it and pull the money out? or should I try to save up for another down payment and just keep that on the seller financed loan?
I'm brand new so ill take any advice I can get. thanks!