Need wise advice in a Seller's Market...

[Shawn Lovelidge]

I'm new to this site so forgive me if I ask a stupid question.

Goal:

Take advantage of Seller's market and position myself for passive income as I reach retirement.

Situation: 

• Debt: 100K; Value: 180-190K; Interest Rate: 4.25%
• Proceeds from sell: 65-70K

Scenario:

(1) Sell & Buy: I could take the proceeds, build up my cash flow, and then buy two house (one to live and other investment property). Take advantage of interest rates.

Problem:

(a) initially will loose money on investment property even with 40K down

(b) be a landlord

(c) interest rates will rise

(2) Sell & Wait: I could take the proceeds, build up my cash flow, and wait until a buyer's market.

Problem: 

(a) don't know when a buyer's market will emerge 

(b) have to live somewhere 

(c) interest rates will rise.

(3) Lease & Wait: I could rent my current house out at 1,700.00. I've never been a landlord but I was going to use a property management. Net 200.00-220.00 month [1480.00 (escrow and taxes, insurance, and property management, repairs). 

Problem: 

(a) don't know when a buyer's market will emerge 

(b) have to live somewhere 

(c) interest rates will rise.

(d) be a landlord

(4) Remain & Wait: I could stay in my house and wait until a buyer's market and save capital.

Problem:

(a) don't know when a buyer's market will emerge

(b) may not net the same proceeds from selling my house

(c) interest rates will rise.

I really don't know which way to go and I lack knowledge and experience of the pulse of the market place.

Any advise would be greatly appreciated!

Regards,

Shawn