Hello,
We are building a house ATM,and also have our house we are living in on the market.We don't have too sell it as we own it and have also paid for most of our land that our new home is getting built on,and will only have a little loan for this day and age.
1,should we sell the house and put left over money in the back and have it as i get the interest as i don't work?
2,rent the house out which will pay for the loan?
in saying this if we rent the house out we will take so much longer too get the things for our new house eg,carpets tiles and all the bits and bobs...also we both want new cars and that wont happen if we dont sell...
But what will be the best for us in the long run,somebody out there that has an idea???
In saying that we also have 3 teenagers that soon might be looking for a rental?????
QUESTIONS AFTER QUESTIONS..so interested in what people have too say????