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Updated about 10 years ago on . Most recent reply

Gerardo Tafoya's profile image
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Gerardo Tafoya
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  • from China Grove, North Carolina
  • Member since Jul 2, 2015
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Gerardo Tafoya
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  • from China Grove, North Carolina
  • Member since Jul 2, 2015
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Gerardo Tafoya
  • Vendor
  • China Grove, NC
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Buying & Selling Real Estate

sell or keep renting

Gerardo Tafoya
  • Vendor
  • China Grove, NC
Posted

I bought this house in a tax auction   in  September 2014 did all work my self turn out excellent, I was going to flip it instead went with renting  I have excellent tenants,, my question is since this is my first flip should I just keep on renting since it's going smooth  or sell it and get my sweat equity and keep on buying .

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Reed Starkey
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  • from Belleville, Michigan
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Reed Starkey
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  • from Belleville, Michigan
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Reed Starkey
  • Investor
  • Belleville, MI
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Reed Starkey
  • Investor
  • Belleville, MI
Replied

How about a third option?

Keep the renters, refinance that property to "get your sweat equity out and keep on buying"

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