We have considered the risks of option A. We can support the NG (but it does play on your mind what else you could do with the $). The prop we are thinking of is in original but solid condition and we can manufacture equity if for some reason market stopped going up at the moment. Plan is to sell off to pay down an IP that we wish to use as a weekender.
Option 2 is safer and no loss of $ each week. There is no certainty of rents increasing each year to put extra $ in the pocket.
Option 2 is safer and no loss of $ each week. There is no certainty of rents increasing each year to put extra $ in the pocket.