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Updated about 2 hours ago on . Most recent reply

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Stewart Harsant
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Rent vs Sell

Stewart Harsant
Posted

I currently live in Lakewood, CO in my 5br 2ba ranch style house bought in 2020 at 3% mortgage rate. My PITI is $2,207 I will be moving out of state in a 1-2 year timeline and am debating whether to sell this house or to keep it as a rental property. I do not need the sales proceeds for a future down payment. This would be my first investment property. I would like want to use a PM. I used the BP Rent vs Sell tool and could hypothetically cash flow around $100 per month using a PM. For the experienced investor, ideally with knowledge of the Denver market, what would you do in my position?

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