Updated almost 6 years ago on . Most recent reply
Seller financing for my property
This may be a silly question but I am new to real estate and I have a question. If this is not the right forum please delete. I currently have a home in Monroe, LA (2 bed rm, 1.5 bathroom) it was purchased in 2013 for 87,000 with 3.75%. My family and I will be moving to Georgia, and I am trying to decide if I should sell this house or hold it for rental income. The house recently appraised for 115,000.
Would it be possible to sell this house with seller financing so that I could have a monthly income at the value of 115,000?
Should I rent the house out?
All advice is welcomed
Thank you