Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago, 01/09/2019

User Stats

2
Posts
0
Votes
Alexander Ly
0
Votes |
2
Posts

Non-cash flowing SFH

Alexander Ly
Posted

-FIRST POST VIRGIN (Please forgive any amateurish behavior)

We have been relocated due to work... and long story short, we're considering doing a cash-out refi and renting out our primary single family 5br/3ba home.  The only problem I'm seeing is that it's going to negative cashflow unless I push rent higher than normal in that area. Even then, the cashflow would be minimal.

My question is, has anyone ran into something similar and how did you handle it? Did you sell? Or continue to rent anyways and have tenant pay majority of mortgage? Thanks in advance!

Loading replies...