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Updated about 6 years ago on . Most recent reply

User Stats

29
Posts
8
Votes
Kevin Jackson
  • Indianapolis, IN
8
Votes |
29
Posts

Rent or sell, it’s a back a forth dilemma, please advise.

Kevin Jackson
  • Indianapolis, IN
Posted

My wife and I bought a house from her grandpa’s estate. We bought for 68k, the houses in the area are valued at 100k minimum. It’s a small two bed one bathroom as most of the houses are in the area. I replace the kitchen, updated the plumbing, and electrical, new HVac and tankless water heater.

Though it hasn’t been two years we will need to move as my wife is now expecting our 3rd kiddo.

Can anyone share some thoughts on what they would do? I want to keep the house for a rental but, financially I think it may make more sense to sell being that this house and the new house would be on my credit. Any advice would help. Thanks

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