The Pros and Cons of Renting Out Your House if You Can’t Sell It

If you need to move out of your current home but can’t sell it due to market factors, you have another option. You can rent your house out until you can eventually sell it. There are advantages and disadvantages when renting out your house, but depending on your circumstances it could work to your overall benefit. Advantages of Renting Out Your House if You Can’t Sell It If you have to move, and can’t sell your house, you can have two basic problems to overcome: trapped home equity and a …
Article by Christian Personal Finance. Read entire story here.