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Updated almost 7 years ago, 02/18/2018

User Stats

10
Posts
1
Votes
Alex Trejo
  • Oak Creek, WI
1
Votes |
10
Posts

Should I really sell my house NOW?

Alex Trejo
  • Oak Creek, WI
Posted
So iv been hearing other investors say this .... Rent what you own , and rent where you live. Sell your house it’s a liability not an asset. I agree , it is a liability. Costs me about $2000k a month to have a 3br home in nice neighborhood. I have about $125k in equity on my home. I have 7 other rental property investments and I want to take my business to the next level. I feel like I’m stuck. If I sell my home it’s going to cost about the same to rent somewhere . Can someone explain why this is a better option ?

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