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Should I sell stock to pay in full for a rental or just enough to make a down payment and mortgage? I’m planning for the future trying to make goals—and even though I’m not in a position to ask this now, I want to make sure I have a plan for when I am

A small forward to any readers: I own my personal home outright with no mortgage if this matters for determining mortgage portion of the question.

Now my question is:

When my brokerage account reaches 250-300k, should I sell the whole account to pay cash for a second property to use as a rental, since the house appreciates and the rent comes in too (and then invest that)?

OR

Should I only sell $75,000-$90,000 worth of stock and make a 30% down payment and assume a mortgage in order to keep the snowball in the brokerage account as big as possible while adding the rental (and mortgage)?

What makes the most sense? What do other investors do?

I would like to buy some property but don’t want to leave money on the table.

submitted by /u/SnooPeripherals5234
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1kyybih/should_i_sell_stock_to_pay_in_full_for_a_rental/
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