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Updated over 4 years ago,

User Stats

80
Posts
53
Votes
Shane Elias-Calles
  • Developer
  • Orange County, CA
53
Votes |
80
Posts

A bought a house hack now I'm moving. Now what?

Shane Elias-Calles
  • Developer
  • Orange County, CA
Posted

Hey guys,

I'm in my first house hack but i just got offered a job to leave the state. I can either rent it and make for $2150 with mortgage of $1652, or sell for about a 16% return on my investment, and walk away with about 60k in cash including equity.
any thoughts on this situation? a lot of people have stated that owning one house long distance may not be worth it so a sell and reposition is a good idea? 

anyone have experience with owning one property long distance? 

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