Updated about 8 years ago on . Most recent reply
Selling in CA now - is this a good idea
My friend who bought his primary residence in 2014 has his home appreciated by about 500k. He is wondering whether to sell and use half of the proceeds to acquire 1 mil worth of income properties in Florida or Ohio. Wait for more appreciation or bail out now? Any thoughts?
Most Popular Reply
if he can clear 500k use that as down and make some $$$ hell yes sell. But he needs to know he will likely never get back in Ca real estate... but if he is willing to move... then why not.