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Continue to rent or sell and collect equity.

Reddit community,

I’m at a crossroads. A house I once lived in had appreciated significantly but I have been renting it for two years now and I break even every month. I’m debating selling the house and pulling out the equity this year because I am within the 5 year capital gain exemption of it being my primary residence.

numbers Original loan 640,000 @ 2.25 % Current loan 525,000 Monthly payment 3300 Rental income 3300

Current offer on the house 800,000

Do I sell now or keep it and hope it appreciates more considering the low interest rate?

submitted by /u/LightLegitimate9178
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source https://www.reddit.com/r/RealEstate/comments/1m9r6fa/continue_to_rent_or_sell_and_collect_equity/
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