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Ask Paula: Should I Pull Money from My Emergency Fund to Invest or Pay Off Debt?

Afford Anything

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How Do I Refinance My Rental House?

Our final question comes from sarah. Our plan is to pay forty thousand cash and then re finance the rental paying off the remainder. This would reset the loan to 15 years and require an out of pocket expense of 350 dollars a month. In seven to eight years, when our current residence is paid off, we would like to build and move into the home on the land that we purchased.

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