If you bought your Hesperia home when mortgage rates were near historic lows, your 3% mortgage may be one of your most valuable assets. Selling could mean giving up that low monthly payment and taking on a higher-rate loan later. Depending on your goals, keeping the home and renting it out may allow tenants to help cover the mortgage while you continue building equity. The right decision depends on rental income, expenses, taxes, insurance, maintenance, vacancy risks, and your plans for the future. Before you list, let’s compare both paths and create a strategy that fits your finances.
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