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JACM
Thanks for the reply.
What we are wondering is if we would be better off selling it now and buying others that are Cash Positive. We would use the $300k in equity to buy 1 or 2 properties ($150 – $200K) that would return cash immediately through rental.
With this, then buy 1/year (we could put down a large deposit) by the time we would have paid the original one, we could have several income producing properties.
Regards
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