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Updated over 1 year ago,

User Stats

26
Posts
3
Votes
Alex Waite
  • Richmond, VA
3
Votes |
26
Posts

Sell or rent primary?

Alex Waite
  • Richmond, VA
Posted

I am debating if I should sell my house hack. I have been in this C neighborhood house since 2020 and the house has appreciated. I house hacked for the first two years and now my girlfriend moved in for the last year. I bought the house hack with the intention of renting it out back in 2020 but with the house value going from 200k to 300k in 3 years. I am wondering if I sell and take the gains. I do not need the equity from the current house to buy the new house. The rent should be 1800-2000 per month and the mortgage is a low 2.8% with PITI of 1125. So after all expenses will profit a couple hundred.

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