brodiebabe
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My brother in law has a mortgage for both the house he lives in and also an investment property he rents out. He will be coming in to a lump sum (about 10,000) and is thinking of paying it off one of the mortgages.
Which mortgage should he pay it off.
The home mortgage is about twice the amount of the investment property mortgage so he was thinking of reducing the larger mortgage. Any advice?
Which mortgage should he pay it off.
The home mortgage is about twice the amount of the investment property mortgage so he was thinking of reducing the larger mortgage. Any advice?