Should I sell my duplex? Or refinance and hold
Numbers
Bought it for 175,000 a couple years back
Down payment was 18,000 plus 20,000 fix up
Now I owe 135,000 , it just got appraised for 242,000 , in this market I could sell it for 250,000
One side covers the mortgage and the other side is pure profit
Easy to rent, popular area , had somebody signed the lease sale day somebody moved out
If I list it my notifications will go crazy over 100 responses
Not bad for my first one. But now I’m in a middle of a refinance, haven’t closed yet , having second thoughtsafter the appraisal