Should I sell?

[Amanda Scheller]

Hello everyone,

I bought my 4 unit building for $175,000, Saint John NB, in 2019 I could sell it now for $450,000. Rents together are $3400 each month. A home run i would say. 

Im moving to San Diego next year and want to buy a house hack but its insanely expensive. I have analyses paralysis and have no idea what to do. 

Do I sell and pay capital gains and dump the money into a different market or do i refi and buy something else ? Should I be a private lender since rates are so high?

My gut says don't sell and keep buying but just feeling very stuck. Help!!! any advice would be amazing!!!

Thank you 

[Garrett Christensen]

That is a tough decision. It's hard for anyone to give advice on such a personal decision, but I'm almost always in the position of never selling. Especially when it's a good deal like you have. This is only exaggerated not that mortgage rates are higher. If you can make something work in SD without selling I'd try to do that.