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Reply to "Would I be insane to ever move?"
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[quote=Anonymous][quote=Anonymous]I don't think renting it out is an option. I can not afford to pay rent or a mortgage where we I live on top of the mortgage at the house. I would be depending on the income from tenants and I know its possible there could be a gap in between tenants. I also couldn't afford the upkeep of 2 properties I'm assuming that the suggestions to rent out means selling is not a good idea? [/quote] I suggested renting it out because you said your interest was low which means your payments are currently low so you can rent it out for an amount that is higher that what you are currently paying. My suggestion is to rent it out for a year, go rent a place where you want to move and see if it is doable. if it is, buy a house when you are ready, otherwise you can always move back to the old property. I think it is less risky than just straight out selling it without really knowing where you will end up[/quote]
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