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47
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4
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Johanna S.
  • Miami Shores, FL
4
Votes |
47
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Rent my house or sell it for money

Johanna S.
  • Miami Shores, FL
Posted Jan 20 2016, 16:58

Hello

all, I am looking at the Idea of selling our primary residence and buying our first investment property . we bought our house 4/2 2 years ago for $179,000 the house is 3 blocks from a (local university)

We owned $173000 and pay for it monthly $1379 with everything included.

similar houses are selling for $220,000 to $280,000 rent in the area for the same or close to sqf and beds and baths is about $2200-$2500 .

Should we?

Sell now, and use cash to investing?

Live in it for another year, and get more money?

We would Love to get others opinions on this situation We are just trying to find out how to finance our dream! 

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