FRENZ HUB LIFESTYLE
An individual wanting to purchase an investment property will need to be prepared to pay 20-25% of the purchase price up-front on the home.
Not paying capital gains tax when you’re ready to sell your home may be the most significant advantage of flipping houses via the live-in flip.
As a parent with young children, not going to another home to make updates is appealing.
Flipping houses via a live-in flip is the focus of this post, but that doesn’t mean it has to be your only exit strategy.
As lovely as it may be to do your work without leaving the house, it also means your home will be a construction zone.
If live-in flips become a regular thing, then you may find yourself moving often. You’ll want to consider the impact that will have on your life.
Even if your plan going into a live-in flip is to sell after two years, you should have a backup plan in case the housing market tanks.