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All Forum Posts by: Jay Seals

Jay Seals has started 1 posts and replied 1 times.

Questions About BiggerPockets & Official Site Announcements

Post: Should I sale or rent

Jay SealsPosted
  • Murfreesboro, TN
  • Posts 1
  • Votes 0

In the process of moving in with my long term girlfriend.  Looking for advice on whether I should sale or rent my current house.  Here are some of the specifics, any advice would be appreciated.

House was bought in 2010 for 130,000.

I currently owe a little over 93,000 on a 30 year mortgage.

I live in a very hot housing market and could sale very easily and conservatively for 170,000 (probably more)with no repairs or prep work.

I could also rent very easily for conservatively 1,300 a month again with little to no prep work or repairs.

I am really looking for advice on what makes more sense financially.  Thanks.

0 Votes