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Updated almost 3 years ago on . Most recent reply

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4
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1
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Anthony Douglas
1
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4
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Don't Want to Regret This !

Anthony Douglas
Posted

Hi everyone,

Doing some number crunching and I'm getting stressed out, trying to not make a big 'life mistake'

Would love to get some wisdom and insight from anyone who cares to chime in :)  I'll try to be quick !

I'm 29, single, with no human kids haha. Moved to Nashville in 2015, bought a duplex in 2016 for $95k. Bought a 4plex in 2017 for $195k. FHA house hacks on both

Looking at four big choices, and I'm not sure which makes the most sense:

A) Sell both properties and put $300k down on a really nice house, just to enjoy something nice for myself after all these years of hack-rificing!   .......hacking+sacrificing :p anyhoooooooo

B) Sell both properties and put $200k towards smaller investments (2 flips, 3 buy and hold SFRs in a smaller secondary market, stock market investing, etc.) and $100k towards an average house + funds for renovation

C) Keep both properties and use the rental income + day job income to get a starter home with no renovation

D) Don't sell anything, don't buy anything - just keep the train rolling (still house hacking!)

Trying to balance wise choices with quality of life :)

Thanks again !

Anthony

Most Popular Reply

User Stats

110
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91
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Ezra Henderson
  • Wadsworth, OH
91
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110
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Ezra Henderson
  • Wadsworth, OH
Replied

B, C, or D sound good to me! Just depends on what your goals are and what you think will be the most profitable for you in the long run. 
Honestly I would avoid A if I were you, as I think your ‘hack-rificing’ will really pay off in the end. Keep investing wisely and the nice house will come before too long, without you having to sell everything!

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