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Real Estate Deal Analysis & Advice

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Ashley Lynn
  • Boca Raton, Fl
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25
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Pay down mortgage or save the cash?

Ashley Lynn
  • Boca Raton, Fl
Posted Jun 1 2018, 07:32
I am about to purchase my second property with almost 100% financing & equity from my first property. Goal is to buy a third a year or two after that. Question is do I use any extra money I have to pay down the mortgage faster? Or save the money for a downpayment on property #3? I know 100% financing isn’t ideal. Especially in this market. Thoughts are appreciated!

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