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Updated almost 6 years ago,

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9
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0
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Zach Schnoebelen
  • West Des Moines, IA
0
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9
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Should I hold or should I sell?

Zach Schnoebelen
  • West Des Moines, IA
Posted

I bought a foreclosure to initially do a BRRR strategy but a lot more has been wrong with the house than expected and went way over budget. Now once refinanced rent will not cover mortgage. I'm looking long term but would also like to eventually profit. Is there a strategy that allows me to keep the house which is in a great area or should I cut my losses, sell (which would be come out with a decent profit) and use it as a learning experience?

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