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Updated over 6 years ago on . Most recent reply

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!

Most Popular Reply

User Stats

17,446
Posts
30,118
Votes
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,118
Votes |
17,446
Posts
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

That's what she said

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District Invest Group
5.0 stars
44 Reviews

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