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Account Closed
  • Flipper/Rehabber
  • eastern, WA
19
Votes |
35
Posts

Keep renting, or sell?

Account Closed
  • Flipper/Rehabber
  • eastern, WA
Posted
I’m having a hard time deciding whether I should keep renting a SFH I have, or keep renting it out. I have owned it for three years (bought it at a VERY good price) and have over $100k in equity. The current (3 year)tenant is moving out Oct. 1st, and while I cash flow $400/month on it, I’m thinking I may want to sell it and use that $100k to buy a couple of duplexes instead. The house has 17 years left on the mortgage (FYI). What would you do?

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