Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply

Should I sell and invest in something else?
The house I live in I owe 198,000 on and it’s worth 234,000. I have no liquid cash, a 22,000 personal loan, but I have a duplex I owe 65,000 worth 170,000 that rents 1600 a month altogether minus the 720 dollar mortgage. So cash flow is 880 a month. There’s not much as far as multi family that even makes financial sense to me in this market. What would you do?
Most Popular Reply

@Paul Latendresse it sounds like a good option would be to cash out refi or HELOC like @Austin Steed recommended.