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Updated over 5 years ago,
Rent or Sell (1031)?
Hello all!
I am wrapping up what I feel has been a perfect opportunity to BRRRR...SFH purchased for 65K and 20% down, 17K rehab cost, 115-120K ARV.
Should I:
1. Cash out refi and place a renter in there?
2. Sell and 1031 the net and buy two more properties?
My goal is long term but and holds for cash flow...