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Buying & Selling Real Estate

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Aria Aref Adib
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Selling vs Renting out?

Aria Aref Adib
Posted Apr 18 2019, 11:22

Good Afternoon,

I have a single family home in Minneapolis south suburb (worth $250K-currently owe $150K on the mortgage) which I've lived in for 14 years. Last year I spent close to $40K to replace the windows and the siding (I have one year to pay off before getting hit with a big interest rate; planning to do a cash refinance and pay the $40k that way) but now, I've decided to move to TX. Would it be wise to sell or rent at this point? I appreciate you helping me to figure this out in advance.

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