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Updated about 7 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Terry McPherson
  • Investor
  • Greenville, KY
3
Votes |
16
Posts

Sell or rent a recent purchase.

Terry McPherson
  • Investor
  • Greenville, KY
Posted

Recently purchased a 3B / 1.5B and my intent was to rent and hold. I have 122K invested total after rehab and was initially estimating the house had an ARV of 150K. Found out today that was incorrect. It would be valued at 200K. Vary happy about that but never had that happen before and would like someone's opinion on should I keep and rent or sell and take profits and reinvest? Thank you in advance.

Terry

  • Terry McPherson
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