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Updated over 6 years ago, 07/05/2018

User Stats

26
Posts
2
Votes
Jonathan Justiniano
  • Rental Property Investor
  • Shrewsbury
2
Votes |
26
Posts

Selling my single family

Jonathan Justiniano
  • Rental Property Investor
  • Shrewsbury
Posted
Hi guys My names Jonathan and my wife and I live in the expensive Massachusetts market. My wife and I bought a single family foreclosure a little over 2 years ago., in which we have over 100k in equity. We want to buy a bigger home in a year or so. But first I convinced her to get an investment property where we owner occupy a 3 family. By selling our single family first it allows us to only put down 5% vs 25% if we just bought an investment property. Wanted to get some people’s thoughts on my idea or if you recommend doing something different. Look forward to hearing what y’all say. Thanks

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