Do you have mortgage? If you do, what is the interest rate?

回答: should I sell or rentSeasy2025-08-26 12:05:32

If you have secured a low interest rate mortgage, I would suggest you think twice before putting it on the market. It is quite unlikely you would get the same low cost financing at any time soon.

If you have low interest rate mortage and rent would cover your monthly due and the expenses associated with the condo, maybe you should keep it as a rental property.

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no all cash. i only have it for 2yr, same or slightly higher -Seasy- 给 Seasy 发送悄悄话 Seasy 的博客首页 (0 bytes) () 08/26/2025 postreply 12:18:19

If so, I would say probably you should sell it for free cash -24桥明月夜- 给 24桥明月夜 发送悄悄话 (0 bytes) () 08/26/2025 postreply 12:20:27

yes! but not sure if it is ok to compete with upstair one. -Seasy- 给 Seasy 发送悄悄话 Seasy 的博客首页 (0 bytes) () 08/26/2025 postreply 12:30:15

if the upstares one not for sale, I'll sale mine. but now -Seasy- 给 Seasy 发送悄悄话 Seasy 的博客首页 (186 bytes) () 08/26/2025 postreply 12:34:04

other thought is -Seasy- 给 Seasy 发送悄悄话 Seasy 的博客首页 (353 bytes) () 08/26/2025 postreply 12:38:48

Understandable:) Then it is a bet. Either the price goes up -24桥明月夜- 给 24桥明月夜 发送悄悄话 (253 bytes) () 08/26/2025 postreply 12:46:58

haha, it is about the same as the 4% yield. hard to decide -Seasy- 给 Seasy 发送悄悄话 Seasy 的博客首页 (0 bytes) () 08/26/2025 postreply 14:36:01

but that is self manage and no big repair. -Seasy- 给 Seasy 发送悄悄话 Seasy 的博客首页 (0 bytes) () 08/26/2025 postreply 14:37:44

I don't need the money, am thinking to put all money in SPY -Seasy- 给 Seasy 发送悄悄话 Seasy 的博客首页 (0 bytes) () 08/26/2025 postreply 14:38:43

Not sure why not. It seems like it is a big condo building, -24桥明月夜- 给 24桥明月夜 发送悄悄话 (156 bytes) () 08/26/2025 postreply 12:40:39

small building, only 16 units. 9 for sale is within 0.5miles -Seasy- 给 Seasy 发送悄悄话 Seasy 的博客首页 (0 bytes) () 08/26/2025 postreply 14:31:11

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