Knipfty t1_jad193e wrote on February 28, 2023 at 3:45 PM

Coming from the POV of having no mortgage, I'd say work on paying them off. Start with your primary residence. Then move on to the rental.

You are investing via your retirement accounts. As long as that is at 15% or more, you are fine.

Having no mortgage payment is a wonderful feeling. One that goes beyond dollars and cents.

Once those mortgages are paid off, then you crank up your investing and live like no one else.

LuckFinancial988 t1_jad6k93 wrote on February 28, 2023 at 4:20 PM

Not all debt is bad. That money they’re investing isn’t going anywhere where it can’t be used to pay off the mortgage in an emergency situation. Sounds like you subscribe to the Dave Ramsey mentality.

corumgold OP t1_jaddc9n wrote on February 28, 2023 at 5:03 PM

I appreciate your insight! I can imagine that is a great feeling, and I appreciate getting to hear both sides