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ID: zDnGR6vV/biz/60526411#60526411
6/20/2025, 3:32:01 PM
>be me
>Making $175k
>buy house
>house is $170k
>Here for like 6 months
>Get laid off
>Still Owe $150k on it
>Get Job offer
>Job pays $170k in distant city 3 hours away
>City is notoriously expensive
What should I do with my house?
Do I rent it out? If so, I won't have time to manage it. I'd need to hire a property management company, which might cut into so much of the profit that it's not even worth doing.
Do I just sell it? I feel like I going to lose money on the house if I have such a short turn around.
Do I just live in a crappy apartment and keep paying it off? I feel like between rent, a mortgage, and bills, I'm going to hurt my ability to invest.
>Making $175k
>buy house
>house is $170k
>Here for like 6 months
>Get laid off
>Still Owe $150k on it
>Get Job offer
>Job pays $170k in distant city 3 hours away
>City is notoriously expensive
What should I do with my house?
Do I rent it out? If so, I won't have time to manage it. I'd need to hire a property management company, which might cut into so much of the profit that it's not even worth doing.
Do I just sell it? I feel like I going to lose money on the house if I have such a short turn around.
Do I just live in a crappy apartment and keep paying it off? I feel like between rent, a mortgage, and bills, I'm going to hurt my ability to invest.
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