HELOC vs Sell

[Candace Sanchez]

Do we sell a property that cash flows about $500 a month or do we get a HELOC at 10% interest?
If we sell the property we would be able to use about $100,000 to put towards other investments.  I think we would be able to buy at least 2 more properties with $100,000. If we decide to go the HELOC route we would need all 3 of our properties to pay for the HELOC. The newest property would not be able to cashflow if we pulled the monthly payment from there. 

[Brayden Hrycko]

Hello @Candace Sanchez,

How much equity do you have in the home? What do the numbers on the properties look like? Does it make sense to buy two or one good investment. That is for you to decide. I wouldn't look at it as how many properties, I would look at it as how the properties are performing. By doing the math on what the heloc would cost vs selling and using that towards the new property you should be able to pin-point which would seem like the better option for you.