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Updated about 2 years ago,
Residential equity question
Hi, great forum, I have a home that i currently live in with over 300k equity in it worth approx 675k. My rate is low 2% Question whats a better strategy, sell/cash out/ re invest in other properties, or move out and rent leaving the equity? The pymt is very low, and I could potential net $2000 per month. I struggle with this decision 300k to invest in more props or 24k net passive income ?
Thanks
Matt