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Updated about 10 years ago on . Most recent reply

User Stats

17
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4
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Stephanie Boggs
  • Investor
  • Princeton, WV
4
Votes |
17
Posts

When to sell vs rent?

Stephanie Boggs
  • Investor
  • Princeton, WV
Posted
Hello all! But and hold newbie here. My husband and I have a house under contract that we are planning on moving into next month. We were planning on renting out our current house and planned to net about $100/month in cash flow. However, our housing market has been doing really well and we could probably sell the house on our own and make about 25k. My question is, do we keep the current house and use it as a rental or should we sell it and use the proceeds to fund a future deal that would bring in more cash flow? Thanks in advance!

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