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Renting vs. selling is adifficult decision. Ultimately,it comes down to your circumstances and preferences. If you are relying on the sale of your current home to pay for a down payment on your next home,then renting may not be a great idea.

People also ask


  • Should you rent or sell your home?

  • Selling or renting your home if it needs repairs. When repairs matter: In general, the condition of the home matters less to potential renters than buyers. So, if the home could use some work, it might make more sense to rent the property than make all the upgrades necessary to sell. Big-ticket items: Regardless of whether you rent …

  • Is it better to rent or sell a house with repairs?

  • Selling or renting your home if it needs repairs When repairs matter: In general, the condition of the home matters less to potential renters than buyers. So, if the home could use some work, it might make more sense to rent the property than make all the upgrades necessary to sell.

  • Should I Sell my second home instead of being a landlord?

  • You檙e not interested in being a landlord: Overseeing a rental property can be stressful and time consuming, and if the rent you檇 be able to charge wouldn cover both your mortgage and property management costs, it might make sense to sell instead of becoming a DIY property manager. What are the taxes due on a second home?

  • Should I rent out my house or become a landlord?

  • Renting out your existing house is also an option if you need to move away from your home temporarily, but do not wish to sell up. If you find yourself living elsewhere for work purposes for example, whether that for 6 months, a year or even slightly longer, but don want to say goodbye to your home, becoming a landlord can be a handy solution.