Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Mike Sheridan
0
Votes |
2
Posts

Should I hold or sell my property with hot market?

Mike Sheridan
Posted

So I kind of fell into my first rental because my wife and I wanted to move and we were upside down on the house we bought in 07. I have had it rented out for 3 years now at exactly what my payment is on it so no income really but no loss with an easy going renter.  Its at a point now where I could  probably sell and walk out with $20k after selling expenses. its in a growing suburban area so I would like to keep it for a long term investment and hopefully sell 15 or 20 years from now where I could hopefully have much more equity and walk out from closing with much more cash. I also have thought about keeping it and pulling a heloc now on it to put a down payment on another rental. Any input or advice would be great. Thank you

Loading replies...