SFR sale fell through. Any suggestion ?
I have a SFR listed for sale and was under contract. Just got a call from my realtor saying that buyer was not able to get a mortgage. Property is located in Beckley, WV. There are 2 options that I can think of. Option 1: Winterize it, take it off market and wait until spring. Option 2: Rent it. I really want to get rid of this property but it doesn't look like it will sell this time of the year. And honestly I do not want to put it back on rent. I've already spent $13k in repairs to sell and I need the proceeds for MF deal. Just don't know what to do. Any ideas ? Thank you.