Another thing to remember though, in this market, properties aren't selling for what we "hope" or their ARV.

Selling for $20MM.

So I have a bare lot I am selling.

With this in mind, I am wondering if I should fix it and sell it, rather than rent it again.

Even if you have to sell it at a discounted price because of the condition you will still get something.

When the market slows enough, people will start to sell off, which will drive down prices, which will reduce equity, will will drive people to sell off, which . . . you get the idea.I'm just a nobody with an opinion, and I've been wrong at least twice in my life. ;)

You and I both know that the house will sell in a week once it hits the MLS , probably over asking .  

In our situation, if the loan gets called it doesn't seem like it would be a huge problem, as we could just pay it off and the list the property and get the equity (probably $30k to $40k after selling expenses, assuming the market hasn't dropped).Thank you in advance for any feedback anyone is able to provide on the subject of a subject-to sale with a USDA loan.Jean

When we sell and roll proceeds into separate 1031 projects how is the mortgage boot calculated?

Value report has just been released and it’s full of good information for those thinking about a minor or major home improvement project in the future.Exterior projects continue to cost homeowners far less than they’ll spend inside and yield the highest rate of return upon selling.