Buy, Buy, Buy or Sell, Sell, Sell, I guess it all depends on what side of the coin you are on however, I can tell you one thing for sure. Holding 2 mortgages is much riskier than holding 1. Your question revolves around 1 central idea and that is, â€œDo you fell luckyâ€? Unless you are Dirty Hairy, I wouldnâ€™t buy anything unless I had sold what I already had. Ask yourself one question, are you able to loose all you all your risked and still survive and be happy, if so, then have at it however, my guess is no. We donâ€™t know what the future is going to hold and with energy prices rising, inflation and recession scares along with international pressure in the middle east, I recommend you first sell, then buy.
You might want to consider speaking with a financial planner and have a honest conversation about your money situation and see what they think.