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Updated over 3 years ago,
Should we Sell or Rent?
My husband and I want to get into real estate investing and I have done lots of research on it but have tons to learn still. We want to move into a bigger house for our family and we are wondering if we should keep our current house and rent it out to start our real estate investing portfolio or if we should sell our house and use the profits to invest some in stocks and some in buying a distressed property (maybe a multi-family or sfh) all cash then Brrrr-ing from there. If we sell we would make a lot because it’s a sellers market, we wouldn’t have to pay capital gains, and we have equity. I would like to keep the house because it would cash flow nicely but I am worried about scaling after that? It would also be hard to have the cash to get the next loan on the next house if we don’t sell. But I also feel it will be hard to find a cheap property to buy all cash next. TIA!