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Updated about 4 years ago,
1st time home owner, is renting our home or selling better ?
I have a condo and in the future i would like to rent it out. My concern is if we leave it as a rental would me and my wife qualify for a second loan to buy a second home? Also is selling or renting our condo better? The home is in a prime Location (Valencia,California) near a community college, Shopping Mall, six flags magic mountain and a great school district.