Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 10 months ago,
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