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Updated 11 months ago on . Most recent reply
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Equity or cash play?
Hi all
I have 1 investment property that I bought for 800k about 4 years ago with cash and now it's worth 1.2million. It rents for 6k a month but NOI is around 50k a year. Should I sell it and possibly buy 2 properties? Should I keep it and borrow against it? My primary is paid off also so I have no mortgage on either one. The investment property is in Ft Lauderdale and my primary is in Texas. What would be my best op