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Updated over 8 years ago, 04/26/2016
California Property with Equity but no CashFlow - Next Steps?
Hi BP Community,
I bought a duplex in 2009 in San Diego and have accumulated equity (on paper), but it has never cash flowed. I have since relocated to Georgia and I'm considering cashing out in San Diego to build a cash flow portfolio here. Business wise this seems to make sense.
Since I'm not living in the San Diego market, any advice or insight on making this type of move would be greatly appreciated.
Thank you,
Nina