Should you buy a bigger home, keep the old one as a rental investment, or sell that one and get a slightly, even bigger home?
To start comparing the options, it is a good idea to sit down with an adviser like me to get an understanding of what is possible. Think about if the home you own, makes a good rental property. In terms of rent return based on the current value.
Holding both can be a good idea if you can manage the cashflow and it does not limit the type of house you want to buy. Long term financial gains on property prices can outweigh inflation. So there are strong reasons for having more assets even at the cost of having more debt.
