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All Forum Posts by: Huimin Zhang

Huimin Zhang has started 1 posts and replied 13 times.

Buying & Selling Real Estate

Post: Hold or sell? Bay Area townhome

Huimin ZhangPosted
  • Newark, CA
  • Posts 13
  • Votes 6

@Aaron K. Thanks Aaron, yes, this is a decision for us to make and decide what our main goal is.

0 Votes
Buying & Selling Real Estate

Post: Hold or sell? Bay Area townhome

Huimin ZhangPosted
  • Newark, CA
  • Posts 13
  • Votes 6

@Dylan Vargas It's 1200SF 2b2.5b and it's worth 1.2m today (a year from when we purchased it)...

0 Votes
Buying & Selling Real Estate

Post: Hold or sell? Bay Area townhome

Huimin ZhangPosted
  • Newark, CA
  • Posts 13
  • Votes 6

Hi everyone, I’m new to BP and feeling thrilled to discover this site! So, I got a problem that has been concerning for a while. We have purchased a townhome in Mountain View, California last year, and the final price was 1.18m with mortgage of 700k. This is not our primary house and our cash flow on the townhome is negative $2,000. I’m unsure if I should sell it and put the money to OOS investment or hold it until the market is HOT again?? Please help! Thanks in advance!

3 Votes