I Feel Stuck in My SFR

[Leanna Mansour]

I feel stuck. We just sold our condo in San Jose, Ca, made some money off the sale, paid off school loans, and bought a SFR in the East Bay (in June 2018). Our mortgage is about 1200 higher than our condo was and its manageable but now were re thinking it all and think we made the wrong move.. We should have rented and looked for an investment. Maybe a duplex or some type of MFR. If we sell in the Spring, we will take prob a 60K hit... not sure how to go about this now. Any advice for a newbie? I want to get into this and just buy enough to be "financially free" - maybe 2-3 places. I am just looking to get started.

[Jim K.]

@Leanna Mansour

There is no such thing as a real estate agent who is going to tell you that FSOB is a good idea. If you find one tell me. I've never petted a unicorn.