Quote:
Originally Posted by IGTBAR
It's a tough call - the thing is, it would be good to have a bigger downpayment for our next move, which, btw we have not figured out at all yet.
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Many people have said over the years that when it comes to your primary residence, don't try to time the market. Buy what you can reasonably afford according to your needs.
It sounds like you're trying to time the sale of your investment property so you can get the maximum return for your future primary residence. The way I see it is to first decide where and what you want to buy as your primary residence. When you find the right home, if you need to sell your investment property to increase your down payment, 10-20K isn't going to mean much in the grand scheme of things. You'll just have to put off doing a kitchen reno or something.