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Updated 14 days ago,
Advice needed on selling
Hi BP -
I’m seeking advice on a property I own.
It’s a single family house that I bought for $160k. I put $20k into rehab and have had it listed for 50 days at $235k.
Given the lack of activity / buyers in the market at this time with rates, would you reccomend holding and renting it until the market is better to sell in?
I don’t have a loan on the property and hold it cash, but, if I sell it would lend the profits as hard money and earn 10%+.