Hi all
Complete beginner here in property investing, etc.
My husband and I purchased out first home 5 yrs ago and lived in it for the first 3 yrs.
It is now rented out and is our first investment property.
We are currently renting another house which we reside in.Our Goals:
To start our property portfolio so that it continues to grow
Have enough $$ to buy our 'dream' place – acreage! (sooner rather than later)Our IP has been valued by several real estate agents, with an estimated price growth of $50-60K since we purchased 5 yrs ago.
We dont want to rent forever…
Should we should sell our IP to buy our next place?
or keep our IP and use the equity accrued to help us purchase our next property?Again a complete novice here, but we want to make a good start to our future IP portfolios, so would appreciate any advice, opinions you could provide would be gratefully appreciated…
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