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Updated almost 3 years ago on . Most recent reply

Haneen Abdalhadi's profile image
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Haneen Abdalhadi
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Market Trends & Data

Selling my house or renting it out

Haneen Abdalhadi
Posted

Hey everyone,

We bought a house for 350k and currently our monthly payment is 2200$, we want to either sell the house and buy to rental properties or rent out our own house and use a cheaper apartment to live in. Which option do you think is better? 
Thanks

Mobile, Alabama
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Nathan Grabau
  • Realtor
  • from Longmont, CO
  • Member since Dec 27, 2021
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Nathan Grabau
  • Realtor
  • from Longmont, CO
  • Member since Dec 27, 2021
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Nathan Grabau
  • Realtor
  • Longmont, CO
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Nathan Grabau
  • Realtor
  • Longmont, CO
Replied

You rent your current house, buy a new house, and house hack the new house. Done right, this will get you a first investment property and allow you to have almost no mortgage. 

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