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Ask Paula: I’m Recently Retired. Do I Pay Off My Rentals Or Buy More Real Estate?

Afford Anything

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How to Buy a Home in Six or Seven Years

You and your partner will be making $300,000 combined. It sounds as though you are decently on track for retirement. If you want to move back to your hometown in six or seven years, do you wait to buy something at that time when prices likely will be a lot higher? Or do you go ahead and buy something now and rent it out? A few things come to mind right away.

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