Sell property to pay debt or no?

[/u/Due_Radish4717]

Looking for advice. My husband and I inherited a property, we intend to fix it up and rent it but do not have the money to remodel at the moment. It's been sitting over a year now. I would guess the cost would be $15,000-20,000 to get it rent ready. Our debt is starting to become a bit too much paying out monthly and the thought of selling to ease the burden has came up. Do we sell and pay off everything and invest the remaining in more equipment for my husband's business or should we wait it out until we can fix the place up and rent it. The bigger debts we have now are -$15,000 equipment loan -$10,000 personal -$10,000 in credit cards -$9,000 car loan

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Sell property to pay debt or no?
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