Denver market....

[Megan Arzt]

So I currently own a place in Golden Colorado. It is a townhouse that currently cash flows about $500 a month. However since I bought it in 2010 and that market has gone through the roof I now have over $100,000 worth of equity in it. I have a couple deals that I am looking at in my local market. My problem is coming up with the down payment for them. My original thought was to do an investment HELOC on the CO place. I am running into troubles getting that. So my question is, should I sell my place in Colorado in order to potentially buy three places here, or I just hold on to that Denver one? I guess part of my question, is what do people think the Front Range Market is going to do? Will it continue to go up are we at a peak and I should get rid of it and reinvest elsewhere? Thanks in advance!