Updated over 7 years ago on . Most recent reply
On the fence about selling a rental
Hi, looking for direction.
Own a rental property for about 15 yrs. Arm Mortgage left around 185K, currently rented at 1800/month, which is just a bit below market rate for the area. Between mortgage payment, HOA, and taxes there is Zero cash flow. The property appreciated about 100K since purchase. Do I cash out now, or keep for another 10/15 years until it's paid off?