Sell or refi? That is the question.

[Bradley Miller]

Stuck in a quandary between selling and cash out refi on a 4 family I have.

I owe 235k. I have a buyer for 500k off market.

Sell it and walk away with 250k.

I also lived here and can avoid capital gains.

Property cash flows about 1500/month.

Or do I do a 30% cash out refi. Keep my asset and pull about 125 out.

I would love to take the larger sum and pursue a much larger asset… but I guess I just don’t know and/or am intimidated by how to go about that.