Sell current investment to free up capital for down market

[Caitlane Fricia]

Hi Friends,

Newbie investor here. I am wondering what your thoughts are on holding current investment home, or selling (at ~$10k loss) to free up capital for any future foreclosures/low purchase price on homes as a result of COVID-19? Even with the $10k loss, I will get about $50k back if I were to sell right now.

Note: the initial plan with this current home was to keep it as a hybrid home, and sell it after two years of living in it to pay no capital gains.

Thanks,

Caitlane