Updated over 8 years ago on . Most recent reply
To sell or not to sell Rental
We have a rental property with a 2 yr lease. It brings us $200 a month in profit. Is it wise to sell while we have a tenant?
Most Popular Reply
it all depends what your long term goals are and your risk tolerance. If your plan is to grow, you can possibly sell one property and buy two at a higher LTV and now cash flow 400. If you don't want that much leverage, keep the property and enjoy 200 a month or save it. You have many options, base your decision on your end goal and move in that direction.