All Forum Posts by: Yvonne Lee

Thank you all for your quick response. I really appreciate for all the feedback and advise. Yes, we have refinanced our house with 3%. I am going for the investment property since we still need to live in our house for our kids' school district. Should I look for the good school district area or cheaper properties in not so good area? It gives me hard time to decide. For the good school district, the houses are expensive, but easy to sell back in the future. Any advise will be greatly appreciated.

Hello, my name is Yvonne Lee. I live in Los Angeles area. My husband and I own a house, but still have monthly mortgage. In the meantime, I am looking for a investment property, single home or condo with less HOA in L.A area. Should I pay off my house first before investing in rental property or pay for down payment for the investment property? I am very excited to join this group. If you are here, please drop me a line for any advise regarding investing in rental property. Thank you very much for this wonderful site.