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Updated over 6 years ago,

User Stats

35
Posts
6
Votes
Jamison Haussman
  • Investor
  • Honolulu, HI
6
Votes |
35
Posts

Does he pull out or let it grow?

Jamison Haussman
  • Investor
  • Honolulu, HI
Posted

He planted the seed 2 years ago...

Hi everyone. 

So I picked up a 4-plex a couple of years ago, and thanks to a highway getting approved for development in that town the value has jumped roughly 50% in what was an otherwise stagnant market.

The property is cash flowing a bit, but nothing special considering some unexpected repairs last year.

So my question is: would you think about holding on to it and see where the market settles?

Can I refi and take some of the new equity out?

Sell and level up to something bigger?

Any guidance is greatly appreciated, thank you!

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