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Updated over 4 years ago,
100k in appreciation. What should I do?
QUESTION:
I purchased my first home a little over 4 years ago in Henderson, NV. I moved out a little over a year later and it turned into a rental. As of today it has appreciated roughly 100k yet it only cashflows $250 per month. Refinancing it and pulling some cash out will thin out the cashflow even more.
Should I continue to hold it, sell it, 1031 it?
Please share ideas and opinions.