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Updated over 2 years ago,

Jeffrey Loftus's profile image
Jeffrey Loftus's profile image
Jeffrey Loftus
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Jeffrey Loftus's profile image
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Jeffrey Loftus
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Jeffrey Loftus
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Buying & Selling Real Estate

Fully paid off Rental House - sell or cash out refi?

Jeffrey Loftus
Posted

We bought our house for $50k, have an offer in to sell it for $150k. It’s fully paid off and renovated. Have rented it for $1200/mo but could do $1450/mo. It’s unfortunately the nicest house in the neighborhood. Should I sell it and reinvest in a nicer neighborhood or keep renting and cash out refinance? 

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