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Updated over 11 years ago on . Most recent reply

User Stats

15
Posts
0
Votes
Aaron Davis
  • SFR Investor
  • Bristow, OK
0
Votes |
15
Posts

To sell or not

Aaron Davis
  • SFR Investor
  • Bristow, OK
Posted

Needing to pick some brains for some different ideas.

I have a rental property I picked up just about two years ago. I owe about 30k on it. It's worth 65-70k. Payment is 475/mo and it is an interest free loan. Will be paid for in about 5 years. Rent is 800/mo.

I'm wanting to get some cash to finance some investments and am thinking about selling the house to get the cash for it. So what do you think?

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