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Updated almost 11 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Paul Koretsky
  • Investor
  • Henderson, NV
3
Votes |
7
Posts

Seeking Feedback

Paul Koretsky
  • Investor
  • Henderson, NV
Posted

I posing this question to get feedback on which route I should go. I have options for deals in the upcoming year. I should first tell you where I am at with investing. I currently own a single family rental and triplex which I "house hack", and I cash flow positive with both properties. Option 1 is refi my single family rental take a portion of the cash and go buy a fourplex. This option would lower my monthly payment by $20 a month. The property already cash flows great, so this would only add to that. Option 2 would be to sell the single family, and take all the proceeds, and go buy an 8 unit building. I'm capable of doing either one, just seeking an opinion from the BP community.

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