General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
Should I hold or should I sell?
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?