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HI Everyone Again thank you for all the replies.  One biggest reason that we are still lingering to option #1 which keeping the Irvine house and rent it out for AT LEAST 5 years because eventually even when we retire, we plan to live in southern CA. 1. We plan to enroll our kids into Irvine...

Thank you for your all replies so far. The house price is 850K.  The 25K is the deposit for new build + minor options. We planned to put down 20% down.

Hi We bought a new property (3br+2bath) in Cypress Village and the closing date is in April 2016.  Due to un-forseen circumstances, we will not be able to move to Irvine.  We are debating: 1. Rent out this property as investment for at least 5 years. 2. Back out the buying transaction which...