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Non Compos Mentis
Join Date: May 2001
Location: Off the grid- Almost
Posts: 10,655
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None of us have a crystal ball.
One thing I have learned- All we can do is make our best decisions based on incomplete information.
Now is a great time to sell. Next year? Who knows?
If your house was paid off, would you borrow against it to buy this rental?
If not, I would lean towards selling.
Even though today's interest rates are at historical lows, life without a mortgage payment is really good.
I doubt you would ever regret living debt free.
If so, you can always borrow again and start making big payments every month.
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