Selling or keeping?

[Yesenia Martinez]

Hi there 

I own a SFH in Odessa Texas, purchased with own cash. After purchased and rehhabed total invested $213k

The current ARV is $225k I decided to rent the property long term rental contract for 1 year, it will be expire next August 2025, current rent is $2,250 minus expenses, cash flow is $1,600 each month.

I am considering whether asking  the bank for a loan over the property to use this capital to buy another fix -flip property   Or to sell the property,  ( maybe  wholesaling because closings costs would be expensive leaving no profit left)  

I am here to read your ideas on this. Thanks in advance!