Should I sale or rent - Houston

[Joe Zarate]

Hey everyone,

We’ve grown out our current home and are under contract on a new more spacious home. My current home would rent for about 1900-2000, but my mortgage is 1850 a month (15 year loan @2.75). There wouldn’t be much cash flow if I rent but it’s a good house and i think with home pricing on the decline it may be best to hold onto it. If I sold I’d probably get 255k and owe 155k.

What do you guys think??