- Joined
- Sep 5, 2013
- Messages
- 4
I have a current breakeven rental property with equity 120k my question is , I have additional funds available now 60k is it better to buyout first property to make it a positive cash flow property or buy another property or two that will be breakeven ?
I am 44 years old and looking at building up a retirement portfolio of around 3-4 properties with an end game of having around 60-80k a year income from them when I retire . I also own my principle residence in Surrey B.C. with a value of 575k and a 300k mortgage .
I am 44 years old and looking at building up a retirement portfolio of around 3-4 properties with an end game of having around 60-80k a year income from them when I retire . I also own my principle residence in Surrey B.C. with a value of 575k and a 300k mortgage .