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Updated over 6 years ago on . Most recent reply

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7
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Mitch Crofts
  • Charleston, SC
0
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7
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Upgrading starter home while still investing

Mitch Crofts
  • Charleston, SC
Posted

Good Morning BP community,

We currently have been in our home for 11 years that my wife and I bought after we married.  Two kids later we are at that pivotal fork in the road where we are at max capacity with space and schooling for our oldest.  My wife is on board with our investing of rental properties goals but would like a slightly bigger house in a better school district.  We both love our neighborhood we are in now but unfortunately that would force us to send our oldest to a less desirable school.  Has anyone ever come across this situation?  My main concern is that we will have to take a step back or a pause in investing but want to eventually upgrade housing.  Any thoughts or rule of thumb when upgrading your primary and still stay on investment goals?

Thanks

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