Rent or Sell

[Josh Jacobsen]

I've just received a job offer out of state (a return to my roots). I've been advised by my mortgage broker that I would need 2 years in my new job before he would give me a loan to buy in that market. With my current house I have some equity. Would you rather cash out, and sit tight for two years? Or rent to somebody under a two year contract and manage your "rental" from out of state?and then sell?