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Updated almost 5 years ago on . Most recent reply

Gerard Simmons's profile image
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Gerard Simmons
  • Member since Sep 4, 2020
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Gerard Simmons's profile image
Gerard Simmons's profile image
Gerard Simmons
  • Member since Sep 4, 2020
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Gerard Simmons
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Rehabbing & House Flipping

Keep Investment Property or Sell It

Gerard Simmons
Posted

I need advice! So I originally bought a duplex as an investment property for my first Brrrr. I bought it for 165k, invested about 60k and the appraisal came back at 193k for the cash out refinance. Although I didn’t make any money the ROR is phenomenal. I’m getting $1900 from rent but my question is, with the market being so hot right now is it a good idea to sell or should I sit on it and just enjoy my ROR?

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