All Forum Posts by: Yoon Chong

There are a lot of variables here.  If you rented the home at market rate, how much of a profit/loss is there?  Is the loss more than principle gained each month?  Are you in a good market for the home to appreciate?

Depending on the cost of the home, you are not only losing 10k in the purchase price but also 6% commission fees and anything else the seller may request.  IMO, you are not in a good position to negotiate with a potential buyer. 

I would look into Ellijay and Jasper, GA.  They are the two towns directly south of BR. They are both cities in the foothills of the Appalachian.