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Updated about 4 years ago,
Converting primary property to investment property
Hi Folks - seeking wisdom from this awesome forum!
Here is my scenario.
I currently own a 2/2 condo in Bay Area, CA and I'm moving to a larger home (With larger mortgage etc.)
Renting my condo will give me a negative cash flow of 600-800 bucks a month.
Selling now will not yield me the best possible return (since the Bay area condo market is a little cold now).
What kind of framework can I use to help drive the decision in a meaningful manner?
Thank you