Ask tommy2 about Real Estate

[tommy2]

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next year i will probably sell my house and will probably have around $100k in equity in it. what is the best way to leverage this into another home so i can maximize my next purchase?


my wife and i make a modest income and dont want our mortgage payment to increase dramatically. where should this $100k be used?

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Ever thought about buying a 4 flat (depending on where you live this might be more or less property for 100K down) and having other tenants subsidize your mortgage while you build wealth?