Home / Money investment / Hey debt free family My husband and I are starting to question our next step after selling our home and I would love some opinions! . We are in the p…

Hey debt free family My husband and I are starting to question our next step after selling our home and I would love some opinions! . We are in the p…


Hey debt free family My husband and I are starting to question our next step after selling our home and I would love some opinions! . We are in the p…


Hey debt free family My husband and I are starting to question our next step after selling our home and I would love some opinions! . We are in the process of selling our in California. We currently are residing in Philadelphia in a family owned property where we live rent free. We have been renting this home for the last year and a half and are expected to make a profit by selling. The decision to sell comes from the fact that we are tying up so much of our money in this home. Renting it out pays about 65 percent of the mortgage and we pay the rest. . Do you think it makes more sense to use our profit to pay off all our debt and start saving towards our next income property or go right into a multi-unit income property? What are the pros and cons of these two choices? . I think knocking down debt will free up our income and allow us to save. My husband thinks keeping our money invested in property is a smart investment that we should continue this process. He fears that if we stay out of the market we wont return or may miss good opportunities. . What do you think ?



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