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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 Second Home

The value of your townhouse on the home by $100,000 in the last three years. Add it to some cash that you've got from savings and use that combined to make a down payment on your next home. Or should you leave the equity alone and wait a bit longer? A couple of things come to mind right away.

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