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Updated almost 4 years ago on . Most recent reply

User Stats

17
Posts
1
Votes
Buddy Platzke
  • Flipper/Rehabber
  • NC
1
Votes |
17
Posts

Sell it or rent it?

Buddy Platzke
  • Flipper/Rehabber
  • NC
Posted

My primary is sitting since I bought it 7 months ago. I live with my now wife and want to sell it or rent it…. Or??? I paid 226k owe 213k could rent for $1600 with mortgage/insurance at $1190. It has great appreciation too! I think I could sell at 260k. I want to buy land and build. I don’t have to rely on the funds for next purchase necessarily but it would definitely help achieve goals faster if I have a little more cash on hand. How can I get a decent amount of cash out of the house without selling?

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