#appreciating

How much loss can I take on an appreciating asset?

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How much loss can I take on an appreciating asset? I am currently making motgage payments on my primary resistance, which I bought 2.5 years ago for 525k and has appreciated in value 15% to around 605k. WithIn the next year I will need to move out of the state for work. I can sell the house and pocket somewhere around $40k after fees, or I can higher a property management company, and rent it ou…

Reddit Personal Finance 1.2k 2024-12-05

Buying cheap vs buying the most that you can afford in an appreciating housing market?

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Buying cheap vs buying the most that you can afford in an appreciating housing market? I live in a HCOL area, where single family houses easily break $1M. You can find a livable, decent place for around 800k, but you can also push into the multi-millions if you want a large, modern house in a nice area.I want to buy, and treat my purchase as an investment. I see a few viable options, and I’d like your opinions on which one would b…

Reddit Personal Finance 552 2024-03-08