All Forum Posts by: Josh Goertzen

I greatly appreciate everyone's input on this situation and agree a lot with what is being shared. Thank you all. I like the idea of holding onto this property, but do think it best to sell via owner finance if possible. To further the conversation, how would someone go about advertising or finding buyers interested in that option?

I own a 1500 ft, 3 bed 2 bath house with 1.8 acres in middle Tennessee, recently remodeled and did some work installing a new filter system for the well, now better than city water. Bought it for $300K and have a monthly payment of approximately $1,500, then moved out of state for work. Now worth approximately $330K and have had it on the market to sell since August. It has been getting a lot of attention, was under contract once but didn't go through. Talked to property manager in the area and got rent estimate for $1800 to $2200 monthly, with other resources saying closer to $1800 so using this number. By my calculations, barely enough to cashflow. Trying to not pay two house payments, so would love input on what others would do with this situation. Thank you.