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Updated over 4 years ago on . Most recent reply

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Need a financial investor that understands property investment.

Alexander Rotolo
Posted

I bought a duplex two years ago, and all is well. I live in one side and rent the other. The rent is greater than my mortgage; therefore, I profit sightly. I am interested in buying another property. I still owe 93,000 on the duplex, but it's valued at 150,000. It would be helpful to have a financial advisor with experience in this area to aid. I am not sure if I should sell, 1031 exchange or just put a down payment on another property with cash saved.

- Alex R. Buffalo NY

Most Popular Reply

User Stats

13
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5
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Alexander Rotolo
Replied

@Caleb Brown That what I am thinking. I’m very new and not literate in terms of real estate. So in terms of “house hacking” you’re implying sell and invest in a a unit with greater renting potential?

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