Sell or keep? How to assess?

[Haider Abdullah]

Hi BP family!

Here’s the scenario:

I own a house in Milton, ON, Canada and bought it for $860k in 2016 with 25% down.

I've since taken a HELOC of $120k, bought 2 townhouses (in South Western Ontario) and market value of my house is now around $1.18M

I now live in Cali and am actively flipping real estate in Dallas and slowly building out my portfolio here. The house in Milton is currently rented at $2900/month with an A++++ tenant living there.

He will stay as long as I want him to, however, I have someone willing to buy the house at market value and no drama (friend of mine).

Do I:

- keep the house and keep renting?

- do I sell the house and buy something else in Canada? (I’ll have about $475k net after the sale)

- do I convert to USD and invest in my flips in TX and/or look to buy more doors here (better CF, slower appreciation)