Rent out or sell property

2 Replies

I've been in contact with realtors that have been giving me a 5-6% commission rate. Which leaves us paying $2000-$6000 out of pocket.  I'd rather not come out of pocket. But I would also not want to manage a house from across the country. Any advice would be appreciated. 

So... are you saying that your mortgage is currently 95%+ of the total value of the property? So you have to bring money to the closing in order to sell?

Well.. if you don't want to have a rental across the country then you don't really have any other option.