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Rent or sell?

My husband is a fed, and his job might require us to RTO to DC. If it happens, it might only be for a few years, but we just don't know.

We bought a 4 bedroom new construction home 4 years ago and have a 2.25% interest rate. Around 75k of ourhome, purchased at 475k, has been paid off. Estimates very, but I expect at least 575k if we sold our home.

Our monthly mortgage is $2200 a month. The rent estimate is $3300 a month, which seems accurate based on comps (definitely at least 3k a month).

We'd either get a property manager and rent for the full market rate, or rent to my SIL the amount we pay on our mortgage. They are childless and have no pets; while underpaid, I trust them to be responsible tenants.

Since have a toddler, and my husband was laid off 2 years ago, our savings aren't great right now in terms of a down payment. If we didn't sell, we'd basically have to rent, which would be 3k a month for a 2-bedroom.

It's hard to give up that low rate, especially since we might move back in a few years, if a new administration is more remote-friendly, or he lands a remote job. In this case, would you recommend renting out our home and renting? Or should we sell and use the equity to buyin DC, despite the cost of homes and uncertainty of how long we're staying? Thank you.

submitted by /u/Accomplished_Sea8232
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source https://www.reddit.com/r/RealEstate/comments/1hpkj2q/rent_or_sell/
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