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Updated over 3 years ago,
should I sell or leverege
Please provide guidance have been house hacking for the past 4 years in the South East
my home if I were to sell this week I would walk away with $100,000. my current idea would be to
take the $100 k rent for 6 month and put 15K as a deposit on the next home. option 2 take out a HELOC
$20,000 and put as a deposit on the second home and rent my current home Please provide guidance . facts you need to know my property is in the area that has the highest Unenemployment of all florida we also have close to 3500 homes past 90 days on there Mortgage with an average of 900 people migrating per week and yes next to Disney My fear is will foreclosure affect my equity thanks again for your time