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Updated over 5 years ago,
Should I increase my portfolio before buying an apartment?
Just curious what everyone perspective is in regards to current situation. I have 2 properties with total equity of 100k. These properties are clearing 600 a month in positive cash flow. Should I:
1. Sell my rentals for down payment?
2. Increase my rentals for a strong personal financial statement for funding?
Just wondering what everyone thinks. I have rehab properties for rental for many years and have sold them and now.starting over. I want to be goin into the right direction this second time around.
Appreciate everyone's input and time. Thanks in advance to everyone.