Originally Posted by
68Charger
This was also one of my reasons for relocating to TX... sold house in Penrose for about $420k, bought property with 3 houses for $296k, after applying equity and spending money to renovate one of the homes, my mortgage will be down to $80k. Keep making higher payments like its still a $280k loan, and it will be gone quick... after renovating one of the houses, I can rent it out for $800-1000 per month... or just get $100-120 per night on First Monday weekend... even more if we setup as BnB. I'm even going to diversify by investing in cattle (partially for ag property tax break).