Congrats! Your post above regarding the new house needing work, etc just reminded me of some situations I've been in over the years. I can have a tendency to look at things solely through the financial lens, ROI, etc. Fortunately my wife has helped balance me out over the years. Make sure your home is something you, and especially the wife and kid(s), will enjoy. If that means you need to sell the current one so you can use the equity to fix up the new one and make it what yall want, I've never regretted putting value on those returns over just dollars and cents (assuming you just aren't being stupid with money). I completely relate to how you are looking at it, just don't forget that when it comes to your home, a lot of the returns are intangible and you don't want to be unhappy with where you live just to make some returns down the road. My guess is you are smart enough and focused on building your net worth that you will get there regardless of whether you sell the current house or keep it.hutch012 said:
Married with an 8 month old
Just my $.02