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Updated almost 7 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Russ Chambers
  • Corvallis, OR
1
Votes |
6
Posts

cash cow with bruised utters

Russ Chambers
  • Corvallis, OR
Posted

Hi

I have a rental I've owned for about 10 years. it's a triplex

I have been a bad boy....

I took the milk and did not care much for the cow.  Now I want to access the equity to acquire more property

as it sits my equity  is approx 150k.  If I could I would do a second and pull out the 150 k and use that to rehab the property and use the rest as down payment for new Brrr.   But my wife and I had some significant health issue and our credit and income won't qualify.

So I am thinking of selling.  (I hate that idea)

what tools should i use to decide if I should...

 sell it as is

fix and sell

or another option.


thanx

russ

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