Wichita, KS · Member since 2018 · 16 posts · 7 votes
7y
To give more detail, I would use any profits to pay off other debt. Invest in more rental properties and eventually purchase a less expensive primary residence.
Without knowing the specifics it's hard to give you a good answer. If you sell now and buy now, you have not gained anything, because you will also have to buy in a higher market.
@Al Nelson If you sold it to pay off debts, where would you live and how much would that cost compared to what you pay now? The $50K in equity after selling will be less.