Rent or Sell

[Raj Kumar]

I bought a 2008 built SFH, 1,800 Sqft in Richmond, VA -23234 for 112,000$ in an auction. PP - 112,00$ Back Taxes -3000$ Repairs - 10,000$ Total Cost - 125,000$ According to the realtor, it will sell for 149,000$, AFter Comission, I will probably profit 15,000$. DO I sell and take a quick profit or do a cashout financing and rent it for positive cash flow. I am assuming it will rent for atleast 1000$. What will you do? Thanks!