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Updated about 10 years ago, 10/06/2014

User Stats

105
Posts
27
Votes
Josh Autery
  • Residential Real Estate Agent
  • Groves, TX
27
Votes |
105
Posts

Sell or Cash Out Refi/Hold

Josh Autery
  • Residential Real Estate Agent
  • Groves, TX
Posted

Lets assume the following:

50k to buy

20% down on conventional loan

15k to fix

ARV 80k

Would rent after reno for $850

-----

Would you sell and 1031ex, or would you cash out refi/hold the property, and WHY?

I am personally leaning toward the cash out refi...

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