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Buying & Selling Real Estate

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William Pickett
  • Homeowner
  • Pulaski, TN
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30
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Mobile home keep or sell?

William Pickett
  • Homeowner
  • Pulaski, TN
Posted Jul 21 2013, 16:55

Hello, first time posting and have been reading a lot on these forums and will continue to do so. I closed on a home earlier this year. I bought it for 87k and put down 20% So my cash and borrowing is over for awhile.

Now I do have another property which is a double wide mobile home which I still owe 22k on and have rented it out for the last few years at 450 a month. My question is this, Im eager to buy another brick home to rent out, so should I try to sell my mobile home or work my butt off and pay the note off so I can purchase something else?

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