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Updated over 6 years ago on . Most recent reply

User Stats

23
Posts
7
Votes
Armando Rodriguez
  • Los Angeles
7
Votes |
23
Posts

Question for the professional's. Should I sell or keep my rental?

Armando Rodriguez
  • Los Angeles
Posted

Hello my BP fam, I have a (SFR) property that I bought in 2012 for 130k. My mortgage payment is $700 a month. I rent the property for 1500 so I have a cash flow of about 800 a month. However, the property is currently valued at about 380k. Should I cash out or should I just keep the cash flow going??

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