Selling and get $180K vs keeping for $1000/mo cashflow

[Victor Valle]

Hello fellows, I am in a situation that I need more advice than my uncle Joe.

I have a house with my business partner with $180K in equity, if I sell, I will get $115K and some business savings of $50K for a total of $165K cash that I can put in a bigger property.

If I buy out my partner for $50K, I will ended up with the house (it has a detached ADU), equity overtime and the cashflow that generates (in Airbnb) for $1000/mo NET, but I won't have any cash to invest, unless I pull a HELOC.
Any thoughts?
Thank you!

[Brian Sparr]

Hi @Victor Valle -

I don't think you've given a complete picture to us yet ... my initial questions would be:

1) If you sell and get the $165k, what does the new property look like (as in, cost / location / prop type / cash flow)?

2) If you buy out your partner, what's the $1k/mo cash flow going towards? And please don't say Voodoo donuts :)

3) last but not least, what are your goals for this investment?  Do you need cash flow?  Are you going for capital growth?