I’m moving for work reasons but will most likely return where i am. I can afford 2 mortgages if I pull back some investments so I want to buy a 2nd house and rent the current one. As long as the first house rents I can invest as normal, but when it doesn’t I’ll have to slow the investments by what ever the mortgage is every month so it should be safe. The thing is I have a Tesla right now and I’m debating on refinancing the house, paying off the Tesla, and using the extra cash as a down payment towards the next house. Does anyone think this is a good idea or not?
Submitted August 15, 2020 at 07:47PM by FreeThoughts22 https://ift.tt/2FwCbyt
