With this property, you’ll see that we are open to a couple of different options. Yes, you could sell this
property; however, with the funds you’ll receive, you can only afford one new property. Depending on
the value of the next property, selling one to purchase another one might not yield you the highest
overall return.
However, if you were to refinance this property, you would be able to purchase a second property and
still maintain ownership of this property. That option will give you two properties and the opportunity to
make a much greater profit down the road.
How to Decide Which Road is Best
It’s a good rule of thumb to review your real estate
portfolio annually. Depending on the market, your
current situation, and your longterm goals, you’ll
want to review each of your properties individually
and decide on each one and not your overall
portfolio.
Looking for a little guidance in what your best
strategy might be? Then
contact your Advisory Team
at Simply Do It! Our
industry experts are here to
help you throughout your
investment lifecycle and
not just during the purchase
process. We’ll review your
portfolio with you and work
with you to come up with
the most strategic plan to fit
your goals and yield you the
highest return on
investment possible.
road.
Investor Dilemma:
Hold, Refinance
or Sell Your Property