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Real Estate Investment Question

Hi - was hoping this group could help me think through a situation I find myself in.

My wife and I are both 32. Purchased our home a few years back, refinanced at lower interest rate, and knocked 8 years off our mortgage.

Student loans paid off. Cars paid off. Only debt we have is our mortgage.

We have 1 daughter, and looking to have another child soon.

The situation that I find myself in...

My grandfather recently passed away. No one in the family really wants to purchase his house. I have 60k in stocks/bonds sitting here...

My dilemma - do i cash out my bonds/stocks, and use the 60k as a down payment.

That would leave me with about a 2k a month mortgage, and i could rent the property between 2500-3k a month.

The only thing really stopping me is nerves. Do i invest 60 k into a property that i then have to rent and maintain?

If i dont, i am worried i will kick myself down the road.

Thoughts?

submitted by /u/Holiday-Net9772
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/11avb36/real_estate_investment_question/
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