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Selling a home with a low interest rate in order to purchase a home in cash?
Selling a home with a low interest rate in order to purchase a home in cash? Purchased home in Southern California with an interest rate of 2.875%. Home is now valued at ~ $840,000, could realistically walk away with high 300’s to low 400’s if I were to sell thanks to a large downpayment + appreciation. Mortgage + HOA is ~$3100. Market rent for this area would be ~$3750-$4000 a month. Recently a job opportunity came up ...
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