Hold or Exit Strategy? · Dion Talk Financial Freedom

Hold or Exit Strategy?

Recently bought a fairly expensive property in my area (KY), I know this is not a good market to flip and sell in so I was thinking even though this will not end up being the best cash flow deal. I will probably hold it for a few years hopefully gain some appreciation and utilize the tax benefits. Seller financing this on a lease option may be another feasible exit strategy, It doesn't help that the HOA frowns on rentals. Would you Hold, Seller finance or list and see if it sells? I could also pivot and make this my primary. Numbers below

$196k PP

$5K Rehab (carpet and paint)

$240-245K ARV

$1,900/mo. Rent

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Hold or Exit Strategy?