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Updated almost 6 years ago, 01/23/2019

User Stats

27
Posts
2
Votes
Abner Gomez
  • Garland, TX
2
Votes |
27
Posts

Should I consider my residential home as my first deal ?

Abner Gomez
  • Garland, TX
Posted

Ok so I am in the process of leaning RE investing, my plan is to sell my residential home (3rooms 2 bath) to get into real estate since we need a bigger house due to 4 kids, my wife and I. We bought the house on 2014 for 99k it was in good conditions we only replace the AC compresor and right now it’s worth 175k we own 88k leaving us with 87k minus closing cost. My question is should I consider this my first deal when we sell the house?

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