Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

1
Posts
0
Votes
Brian Reynolds
0
Votes |
1
Posts

Sell Current Rental Property or Hold ?

Brian Reynolds
Posted

So I bought my first investment in 2015.

Single family home that I lived in for over two years and now rent. 

I upgraded multiple areas in the home (did work myself) and I am now going back and forth with the idea of selling vs HELOC.

I feel the the market is plateauing and could be in the cusp of a downturn. 

With that said, I feel I should have real cash available for opportunities if this was to happen.

The idea is that (not actual numbers) I could do more with 100k vs 40k (HELOC).

But then I think that this rental is cash positive and it would be good to hold onto it long term. So use the 40k and another investor/partner for the next investment.

Any thoughts ??

Loading replies...