Starting Out
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply
Sell or hold 1st home
I currently am finishing up a total remodel on 1st home. Purchase price was 270k. I have 228k on loan. Current market value is around 525k to 550k. I have been wanting to get into real estate investing for years and i bought this house as my catapult into investing. After sale of house i should have around 350k to invest with including savings. My method would be to brrr method method of sort for a house to live in. Buy another that house needs work for cash. Fix it up, and pull all cash used to finance and fix up house. Then invest in duplex-quadplex for long term hold and cashflow. Question would be do I sell current house and cash out or pull equity out and use this cash to invest in real estate. Second method i see as much riskier. Thoughts? And thank you for any feed back.