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Updated about 2 years ago,

User Stats

6
Posts
4
Votes
Davis Pemstein
  • Realtor
  • Bay Area - Walnut Creek
4
Votes |
6
Posts

Strong CA equity, what would you do?

Davis Pemstein
  • Realtor
  • Bay Area - Walnut Creek
Posted

Hey Everyone,

Curious to know what you would do in our scenario. I love hearing the different approaches and the beauty is there is no perfect answer.


We own a SFH in Bay Area with around $600,000 in equity (principal residence, 2.5% rate). Selling another property for another $85,000 equity. We are considering selling everything and accelerating the portfolio expansion by simply renting and forgoing a principal residence, putting everything toward new deals. I'm less concerned about what to do after, given the variety of investing options but given CA rents don't cash flow without creativity, I'm curious if you would do something differently. Thanks all.

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