I have a rental property in CA (bought around 2010) that has more than doubled in value. I understand it’s hard to call the market top, but I’m thinking of selling it off and wait for price drops of around 30% or so to buy two homes/apartments (one of them will be my new primary residence and the other will be a rental). In the mean time, I plan to invest the the gains in crowdstreet or fundrise.
Any other ideas on how to use up the equity ?
Appreciate your thoughts on this. Thanks !