Updated over 10 years ago on . Most recent reply
New member from Brooklyn NY
I made a purchase of a two family 3 years ago right before hurricane sandy. The house made out pretty well with minimum damage but the surrounding are got hit very bad. The homes value took a big hit but is now back up to almost what I paid for it. Im now looking to make another multi family investment in a different location. Should I sell the house now and just get back my initial payment to help me with another purchase or hold on to the property and hope for the best. I did make a decent amount of improvements to the home so I would be taking a loss.