I hope to hold as a LTR and believe in the area long-term.Some decisions will have to be made when this whole thing finally comes to fruition, especially regarding interest rates, insurance, assessments, etc, but hope to hold!

Your relo benefits will likely govern this decision more than other factors.

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

Clearly if it isn't profitable it wouldn't be a good decision.

@Joey Chalhoub This decision should be read narrowly to address statutory frameworks such as MN where state law permits it to take property to satisfy real estate taxes/penalties/interest, sell it, and keep any surplus outright.

I don't think there is a black-and-white decision between selling and refi.

Just saying I have a lot of equity and want to make money with it, is not enough to make prudent decisions.

Hard to fault her very methodical informed decision.

., deductions, 1031 exchanges), could potentially outweigh your current W-2 salary over time.Suggest a trial period for the first deal, involving him in decisions to build trust and confidence in the process.

The tenant doesn't get to make the decision on who they work with.