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Updated almost 4 years ago,
CAPITALIZE ON CAPITAL GAINS
Hello Biggerpockets Pockets. I want to find out a play that is realistic for growing my buy and hold goals for financial freedom. I live in Phoenix, appreciation has been great during this time and my 4plex has gained about 150k in equity and may continue during the next 3-5yrs depending. Im wondering if i should wait things out and sell at the height of the market, use that money to buy other investments properties when the correction comes (it's also my primary residence so i can keep all my capital gains) OR Should i simply use a "open HELOC" get properties now while this appreciation is rising, primarily in the south east where you can buy multiple properties for a lower cost? OR Whatever else seasoned investors suggest is the best option.