Updated over 7 years ago on . Most recent reply
Sell or Refinance current "House Hack"
Hi guys! My name is Dung and I'm new to the BP forum but I have been watching the podcasts daily for months. I have been obsessed with learning more about rental property for quite some time now. I am currently in a dilemma...well I don't know if I should call it that considering the outcome for either would be pretty great. Anyways, I am currently involved in a house hack kind of by accident. So I bought a condo for $265k and put in about $25k to really spruce the place up. Fortunately the condo has appreciated in value of $100k. So here comes my "dilemma". I was debating on whether or not to put it on the market or hold on to this property (because the area I bought the condo in is really going up in value) and refinance it and take the equity out to invest in another property. Any suggestions?
Thanks a lot guys!