Selling versus Refinancing a five unit multi-family
I'm curious to find out what criteria experienced investors use when deciding whether to refinance or sell a multi-family property. I saw a few older posts along similar lines, but nothing recent. I have a five unit multi-family property in Maine that I've been rehabbing for the past year. This spring I'm planning to either sell or refinance, and I've got feelers out to run the numbers on each option. When do you decide to sell rather than refinance? If you sell, do prefer to use a broker, an auction service, or try to sell by owner? Thanks in advance for any replies!