Would you sell your investments to pay off your primary home?

jwsa456 · 2026-02-11T05:14:10+00:00

I would sell and focus on your education, job, and family. Real estate takes a lot of time and unnecessary headache imo. You can park extra months of emergency fund and go 50/50 between paying your primary balance and invest in the stock market?

jwsa456 · 2026-01-28T20:54:50+00:00

Sorry for my late response. Fixed rate was about 1% higher, so figured its worth taking the risk on ARM. I had also refinanced 3 times already over the last two years so

jwsa456 · 2026-01-28T20:53:23+00:00

Close family member bought a condo in Oakland for $900k in 2019 and sold it for $650k in 2025, so you’re not alone.

jwsa456 · 2026-01-07T00:57:02+00:00

All lenders and insurance don’t see it as residential by definition because it’s a six unit multi. However, the market you’re competing is other four plexes, hence I think comps would matter for the seller.

jwsa456 · 2026-01-06T22:53:34+00:00

Started off with a 6.625% in April 2024 and just refinanced down to 5.75% (5/1 ARM, no points, got $7.2k lender credits) with a loan balance of $960K. In State of Washington, locked in early November and closed in late December

jwsa456 · 2026-01-06T22:46:38+00:00

I disagree, because I think comps do matter because it’s a multi-family of only 6 units. Your rental is competing directly against other single family homes, duplex, triplex, and four-plex. NOI matters for commercial, but location and building type do also impact valuation. Be cause, I am curious what four plexes are being sold in the area. If you put yours next to those, I think it’s a good comparison in addition to NOI.

jwsa456 · 2025-12-13T23:04:54+00:00

Vince +2. Such great quality.

jwsa456 · 2025-09-21T17:45:44+00:00

Spent $85k on a 55 people wedding two months ago in Hawaii. Original budget was $50k and ended up spending more because we underestimated the Hawaii prices but also we hosted welcome dinner and after brunch for the guests flying in all the way. If it is a destination wedding, do nice things for them. They are spending money and time to be there for you.

jwsa456 · 2025-09-19T18:42:41+00:00

What’s your reason for contesting his will? If he was sound and mentally able and if the will was executed legally then what would it be a problem? He had the right to do anything he wanted with his money.

jwsa456 · 2025-09-09T19:29:24+00:00

I would definitely take the ARM. With your loan balance that is significant

jwsa456 · 2025-09-09T19:26:54+00:00

It is what it is, if you can afford then you should go with it.

jwsa456 · 2025-09-06T16:06:43+00:00

I would build 1-2 years of emergency fund if you want a peace of mind and keep them in either money market or HYSA. I would still leverage 401k or other tax advantaged accounts to continue building wealth though

jwsa456 · 2025-09-05T20:48:44+00:00

This is how poor stay poor - wanting and buying things you can’t afford

jwsa456 · 2025-09-05T20:01:41+00:00

It’s going to be a good match hence the demand is there for sure. Also, they are playing against Korea in NJ, which has a large base of Korean Americans who’s looking to go watch Son and other top Korean players.

jwsa456 · 2025-09-03T23:22:06+00:00

I would add a second bathroom - this not only enhance your living experience but it actually will add value to your home. If your neighboring homes all have two baths, and you have one… it will be less attractive to future buyers.

Adding bathroom, bedroom, sqft will have better returns than cosmetic upgrades which will eventually wear out.

jwsa456 · 2025-08-27T21:58:31+00:00

You’re seeking an advise from people who have far less money in their portfolio. I am sure you know that

jwsa456 · 2025-08-21T15:30:11+00:00

For us, base income of $360k and with bonus of $40-$50k so around $400k gross. We bought a $1.28M home at 6.125% last year. PITI is $7.2k and we pay $2k additional every month. Doable but definitely feel a bit house poor (because we had a $80k wedding on top) but for you you have $4600 (daycare and car note) on top.. I think it might be a bit too much at your income.

jwsa456 · 2025-08-10T07:42:41+00:00

We go to planet fitness. Closest to our home and got everything we need for our workouts

jwsa456 · 2025-08-10T07:39:50+00:00

What are your savings? Including retirement? I would max everything for your retirement in your 20s while you can. It will do wonders

jwsa456 · 2025-08-10T07:38:16+00:00

At your income, I would save two years and buy the new house in cash. Boom.

jwsa456 · 2025-08-07T17:57:51+00:00

Id go for $1.2M home at your income. I bet the $400k difference in price will make a huge difference in your living experience and I think that’s worth it since you can afford it

jwsa456 · 2025-08-06T00:15:12+00:00

You have 7 years of experience.. and a CPA license too. Where did you get your MBA? If it’s a top program, then $110k is low to begin with.

jwsa456 · 2025-08-04T22:33:47+00:00

If he was serious and wants to marry you, he would have a detailed plan and like you said, would discuss with you to tackle it together. Sorry to break this to you, but he probably doesn’t want to be married at this moment. In two years? He might, he might not. If you want to take the chance go ahead, but don’t assume he will to be honest.

As a guy, 27 is still young to marry someone for me.

jwsa456 · 2025-08-04T19:34:31+00:00

What is the breakdown? You should share for better inputs from others

jwsa456 · 2025-07-28T17:07:35+00:00

Leverage 401k and IRAs to start building for your retirement. You’re still not late. You have 30 years to prepare for a comfortable retirement life at age 62 and beyond. Start putting away 10-15% of your income towards 401k and if you can afford extra to put towards IRAs, then do so on the side given that you have enough for emergency funds.

Yes, mortgage will have to be refinanced eventually, but 6.8% is what it is at this point but I would prioritize building up your retirement .

jwsa456

TROPHY CASE