Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago, 07/05/2018
Selling my single family
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