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Updated over 5 years ago on . Most recent reply

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Jaime Topete
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6
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Adding More to Principal or Saving for Another Home?

Jaime Topete
Posted

I recently purchased a home (my 4th) in the Santa Barbara Area. My goal is to house hack and move one a year.

Should I pay my mortgage early or save for a new home? I currently add $100 - $600 on top of the normal mortgage payment but I am not sure if this is a smart move.

Any help is appreciated.

Thanks.

Best, Jaime Topete

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158
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Arthur Schwartz
  • Investor
46
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158
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Arthur Schwartz
  • Investor
Replied

I meant to say roll using a 1031 exchange

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