70: Rookie Reply: Should I Sell or Rent Out My Primary Residence?
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This week’s question comes from **Dane **through Ashley’s DMs on Instagram (you can find her @wealthfromrentals). **Dane **is asking: **should I sell or rent out my primary residence?)  **

Whenever you’re moving from your current home to a new home, you have the option to sell or rent. While there isn’t one solid answer for everyone, you can** find out whether selling or renting is the best option** by looking at your market and your specific financial situation.

Here are some suggestions:

- Get comps (comparables) on market rents from homes like yours

- Search through recently sold homes that are comparable to yours and find the median sales prices

• Pull out a home equity line of credit) on your primary home to help buy your next primary home or more rentals

• Run the numbers as a sale and a rental,** does it cash flow?**

Refinance for a lower mortgage payment) and rent it out

- Run the numbers for EVERY scenario and make long-term decisions

• And more!

If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group)! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).

Check the full show notes here: http://biggerpockets.com/rookie70

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