When to sell rentals? - Posted by Stephanie

Re: When to sell rentals? - Posted by Larry

Posted by Larry on March 13, 2006 at 12:29:40:

I agree. If you can flip your way out of the debt then no need to sell them, just 1031x them. But if the current debt is keeping you from being able to buy properties to flip then sell the rentals, take care of the debt, and move on to buying more flips and then rentals. It sounds like your debt is student loans, heloc (which sounds like it maybe was originally just a second from where you bought your house that you did a refi on to be able to buy other properties), and a cheap car. None of this debt is stuff you should feel bad about. Just get it taken care of and move on.