I own a 2 bed 1 bath single family home with a fenced yard in a downtown area in maryland worth about 300k. I owe ~175k on the mortgage, and my interest rate is 2.75%. My mortgage, including everything, is 1380/month, and it is currently rented for 2800/month, but I’m unsure if i’ll be able to get that much again. The job market sucks and people are feeling the pain right now. The lease ends in june and the current tenant is moving out.
I’m wondering if I should sell it and invest the money or put it towards my primary mortgage (6.5%) or keep it and deal with the work. I’m new to this (I started renting last year) and am a bit overwhelmed with having to do this process again.
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source https://www.reddit.com/r/RealEstate/comments/1sy955n/keep_or_sell/
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