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Updated over 7 years ago,

User Stats

50
Posts
14
Votes
Christine Sykes
  • Sebastopol, CA
14
Votes |
50
Posts

Time to sell my Seattle rental?

Christine Sykes
  • Sebastopol, CA
Posted

My tenant has given notice to vacate my property in West Seattle, and I am wondering if I should consider selling.

Some things to consider:

* My house is old and needs work, and I can't afford it unless I can come up with some creative financing options. I'm pretty maxed out.

* Market is hot, could be a good time to sell.

* Market is hot, could be profitable to stay and keep accruing equity, also neighborhood is improving.

I am starting to feel bad about the work that needs to be done there. I don't want to turn into a slum lord!

Thanks!

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