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Updated over 3 years ago on . Most recent reply

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11
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4
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Kwame Essieh
  • Beaverton, OR
4
Votes |
11
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Selling Stocks for Down Payment

Kwame Essieh
  • Beaverton, OR
Posted

I'm hoping to get the communities opinion on selling securities (Stocks, Index Fund, ETFs) to make a down payment. I've always been a buy and hold investor and the thought of selling my assets to make a down payment paralyzes me. It would reduce the diversification in my portfolio by a lot. 

In the past I've been able to use heloc or refinance money to cover down payments but that isn't the case at the moment. should I try to save up for a down payment or risk my assets to make a down payment.

Most Popular Reply

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202
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214
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Ashley Cross
  • Lender
  • Columbus, OH
214
Votes |
202
Posts
Ashley Cross
  • Lender
  • Columbus, OH
Replied

I've been in the same space and I totally understand. You really just have to compare the ROI for each investment. In most cases, it'll always be real estate. I was a licensed investment advisor so its hard to not follow the diversification rule. You can always diversify within real estate.

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