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Updated almost 6 years ago on . Most recent reply

Sell leverage home equity or Hold?
Looking for suggestions & your opinion - Thanks in Advance!
Tenants moved out, have spent a good amount ($7-10K) to renovate the unit. At present, I've almost $200K equity on this unit - Should I sell it using 1031 exchange & use that money to buy bigger unit or units OR just rent it out again with some $200-300 cash flow?