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Should I sell my home (3.1 interest rate)

Hello - I'm really struggling with a large financial decision and I would like input from others that know a little bit more then I do.

I'm on the fence about selling my house. My husband thinks we should sell. I'm concerned we will not be able to ever afford another one.

Context- We are not willing to live in the house any longer. We hate the area and the house doesn't fit our needs any longer.

2/1 950 sq ft 1950s block house in a smaller hwy town in PNW. About 40 minutes from Portland. Bought in 2021 for 303k 3% down @3.1 interest. Currently owe around 260k. Rental comps go for about 1900 in the area, house is worth between 330-350k.

We plan on traveling in our RV full time for the next year or so in hopes of potentially settling down in a new state or city. We won't be in Oregon for the next few years so if we decide to rent, a PM company is needed.

Husband says cut our losses and take what we get out of it to invest. I am hesitant because I'm not sure if we will ever be able to afford another property with the way the market is currently acting. Our income isn't significant by any means, we make about 135k annually.

What's the best option for us?

submitted by /u/hforness4
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source https://www.reddit.com/r/RealEstate/comments/1hsi6z8/should_i_sell_my_home_31_interest_rate/
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