Did I make the right decision?

[Jorge Rivera]

Hi BP peeps,

I like to get people feedback on a decision I've been. So recently I refi my house ($30k), money was to purchase another investment property. But pricess seem to  be kinda high in the last Vegas area, so we decided to instead upgrade our current primary residence (bought it 3yrs ago with the intent of live and flip)wwhat is your opinion?

[Chris Lynn]

If you want to buy an investment property and you spent your source of cash on your primary residence, then that probably wasn't the best move.  Well, if you added more than $30k of value plus the transaction costs of buying and selling a primary residence, then I guess in that case it's okay.  But then again, since you felt the need to ask, I'm going to go back to the "not the best move" corner.