All Forum Posts by: Ray Lam

I have a single family home investment property that’s located in the Bay Area about 20 miles from San Francisco proper. I have a huge chunk of equity build up over the years in this investment property. I am debating if I should do a 1031 exchange, take a equity line of credit, refi at a higher interest rate than my current interest rate and take some equity out or simply sell my investment property. My goal is to get into multifamily properties hopefully one closer to San Francisco. Also this investment property is under very low interest rate and generating over 100% cash flow of the mortgage payment. Any suggestions?

It is a single family home. The property is in the east bay Bay Area. I am thinking about 1031 exchange to a Multifamily unit hopefully closer to San Francisco proper. Currently the investment property 20 miles away from the city. The property is currently cash positive 100% over the the mortgage payment. I do like the property but I also want to use the equity that I have build up over the years to get into multifamily unit.

I have a huge chunk of equity build up over the years in an investment property. I am debating if I should do a 1031 exchange, take a equity line of credit, refi at a higher interest rate than my current interest rate and take some equity out or simply sell my investment property. Any suggestions? O I want to use my equity to invest in another property....