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Updated over 10 years ago on . Most recent reply

Moe Dee's profile image
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Moe Dee
  • from Stockton, California
  • Member since Aug 20, 2014
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Moe Dee's profile image
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Moe Dee
  • from Stockton, California
  • Member since Aug 20, 2014
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Moe Dee
  • Stockton, CA
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Starting Out

Advice needed

Moe Dee
  • Stockton, CA
Posted

Newbie here. I need help. Here is my situation. 

My wife and I want to get involved in REI but don't know what to do with our current home.

Should we re-fi and rent it out and cash flow ~200?

Should we sell and pocket ~70k for reinvestment? 

Should we cash out with re-fi to gain capital for investment?

Any ideas would be great! 

Thanks

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