Should I sell or rent my home?

[/u/Objective_Grocery525]

I have about $120k equity in the home in the house I owned with my mom. Now that's she's gone, I don't really need this size of a house. It's in a good location, across the street from a school. The mortgage is under $800/month. If I sell, I lose my equity. I also thought about adding my BIL to the deed because 1. He already has several rental properties 2. He's local and he works on houses for a living. He'd have to buy in, but he was talking about buying the house outright. This way, the mortgage would stay lower. The average rental for a house like mine is $1800.

submitted by /u/Objective_Grocery525
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Should I sell or rent my home?
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