Hi guys,
I’m expecting to receive about $600k in the bank in the next month and I already have an idea of what I might do, but I thought I would seek for your opinions or maybe even better ideas as to what to do with this money. I’m currently paying mortgage for 2 homes, one is about $750 per month and is the house I currently live in. $2500 per month for the 2nd home and is my rental so it’s paying for itself. I’m thinking I might be able to get a duplex and pay it off, or put a downpayment on another loan depending on how much the duplex costs OR i can use the money to pay off my 2 mortgages, and the rest I can use it to downpayment a 3rd home that I can afford. Which sounds like a better move?
Submitted June 09, 2024 at 02:44AM by Pure_Personality4962 https://ift.tt/mXrTOdR
