Cat
| 18 Nov 2013, 06:40 PM
Agree
0
My partner and I currently "own" three houses.
House 1 has 50 grand left to pay off of 400 grand.
House 2 has the full mortgage to pay off of a 430 grand mortgage.
House 3 has a 350 grand mortgage with 150 grand already paid off.
All these properties have tenants as we live in the bush and do not currently pay rent.
He has currently inherited 150 grand and wants to buy another house. Currently it seems affordable but I am really wondering if we are putting too many eggs in one basket?
What do you think?
We both earn an average of 100 grand a year each. But this could be less if we moved back to the city.
Feeling very confused!