Ajay bought this property in 2021 for $305,000

Ajay bought this property in 2021 for $305,000. By June 2022, its value had increased to $350,000-$360,000. Despite the potential $30,000-$40,000 gain from selling, Ajay chose to keep it as his first property. With a 20% downpayment and the remainder paid at closing, the property continues to generate positive cash flow even with rising interest rates. Ajay’s strategic decision highlights the long-term value and benefits of real estate investment.
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