What would you do in this situation?

[Matthew Grebeta]

My home is financed at 185k I have about 48k in other debt that we Really want to get off our backs (our debt payments are great than our mortgage payment!) and our house would sell for 300k.

Should I sell and after all fees and taxes (lived in it less than a year, plan on selling with a local agent)

Pay off debt and use the left over 15-20k to buy an RV to live in (even further lowering our monthly expenses)

Or hold it because it’s an awesome long term investment being that it would rent for 1900 per month conservatively and find another way to pay off debt.

This is a super quick overview if y’all need more info ask away.

[Effram Barrett]

Is this your primary residence? If so why not wait another year to avoid capital gains tax? The market could drop slightly altering your sale price but you would still keep the cap gains. Me personally, I would find another way to pay off the debt. Maybe look into loan consolidation