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