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Buying & Selling Real Estate

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Tim Kaminski
  • St. Petersburg, FL
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310
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Should I sell or Refinance?

Tim Kaminski
  • St. Petersburg, FL
Posted May 6 2021, 10:49

Hello.

Bough 1920s duplex in 2018. Have $145k left on mortgage. Received an offer today for $300k. Thinking I would come away with $120-125k after everything. I’ve never had that much money. I’m a newer investor. This is 1/2 of my portfolio.

Part of me wants to hold long term as that’s what I have heard but part of me wants to sell, and reinvest into more property.

Thoughts?

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