Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Considering selling my duplex
Bought a brand new duplex with a VA loan back in 2011, put zero down and moved out of it after living in it for 6 months due to coming down on orders. I have been renting both sides out pretty consistently, think the longest I have ever gone without a tenant is like 3 weeks. Reason to sell would be to give myself more VA eligibility, so I can put zero down on my next residence and I'd make close to $10,000 after fees, if I get what I think is a reasonable price. I currently make about 3-400 a month on this property depending on if there are any small repairs. Would I be better off holding on to this property and putting 5% down on my next home purchase with a VA loan or selling and collecting $10,000 now and not putting 5% down. We'd have to put about $13,000 down if I don't sell my duplex.