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Updated over 10 years ago on .

User Stats

21
Posts
9
Votes
Ted Jackson
  • Real Estate Investor
  • Florence, SC
9
Votes |
21
Posts

Selling my home

Ted Jackson
  • Real Estate Investor
  • Florence, SC
Posted

My family and I are selling our home since we are upgrading to a home on a lake. I owe about 112K, and the home is worth about 140K. I have considered all options from selling it straight out, renting it, and lease options. I like the idea of profiting from the sell to have more money to invest, but I also like the idea of making a small monthly profit. My current PITI is around $800 monthly. My biggest concern is that the property has a pool, which I view as a huge liability. Anyone care to share any thoughts on what the best option may be?