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Updated about 5 years ago on . Most recent reply

Sawyer Vincent's profile image
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Sawyer Vincent
  • Investor
  • from Tacoma, WA
  • Member since Feb 16, 2020
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Sawyer Vincent's profile image
Sawyer Vincent's profile image
Sawyer Vincent
  • Investor
  • from Tacoma, WA
  • Member since Feb 16, 2020
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Sawyer Vincent
  • Investor
  • Tacoma, WA
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Buying & Selling Real Estate

Newbie question, rent or sell my house?

Sawyer Vincent
  • Investor
  • Tacoma, WA
Posted

I live in WA state and bought my house with 0% down for 220k and it is currently worth 310k. My mortgage is 1300 a month and I think it would rent for about 1700-1800 a month. I would have to use a property manager. Should I rent and hold on to this house or take my tax free gains on the house and use it to buy multiple properties in Alabama? Any advice is appreciated 

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