Hello all, I'm in a little bit of a situation here.

My wifes sister needs a place to stay, snd we are fortunate enough to have 2 houses to our name.

We inherited one completely paid off, and are in the process of moving and planned to sell our current house. but her sister had a pretty bad break in at her trailer which has caused her a lot of stress lately.

Wife thinks she needs another place to stay. But financially she is doing only okay. She makes around 60k a year.

She

Right now my mortgage is 1250 a month. For a 430k house.

Im considering charging her 1000 a month even though market is probably closer to 2000.

I owe 170k left on the mortgage

and I am wondering which option would better.

I can do both these options.

I could pay it off completely or should i pay the 250 deficit and leave the money in stocks and such.…