Updated almost 2 years ago on . Most recent reply
Advice on Selling situation
Hello, I own a small condo in the greater Boston area (Fall River). It has been a great rental with a fixed conventional mortgage rate, generating cash flow from day 1 and already gaining equity due to the increased value. However, I have found it tiring to manage since it is far away from my primary residence. I have attempted to put it on the market for sale, but there hasn't been much interest. I am considering taking out a HELOC on this property to purchase another property closer to my primary residence. Please provide me with some advice.