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Updated over 2 years ago, 07/25/2022

User Stats

8
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8
Votes
Francisco Lopez
8
Votes |
8
Posts

First time posting, big changes coming...

Francisco Lopez
Posted

I am currently living in Arlington, TX in a single family home which me and my fiancé are getting ready to rent out. We were thinking of selling whenever the market was crazy hot in hopes to capitalize on the wave of buyers purchasing homes 30k + over asking price. That ship has come and gone. While we do have a lot of equity in the home, we do have a certain number in our heads we would like to make off of the sell if that were the case. We will be moving out hopefully by the end of August and putting the house up for rent. In the meantime we will be saving some money and staying at her mother's house. Our plan is to move to the PNW possibly Seattle area as there is a higher job opportunity than say, Portland. I am looking to do some land hacking once we are reestablished in our area of choosing. My question is, am I better off selling the TX home or using the equity in the TX home to reinvest and build off of? Long term goal is to have multiple STR's with an event space on a really cool scenic property. All thoughts and opinions are welcome!

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