Inside look

Inside look

Inside look

Inside look



Flipping Houses via the Live-in Flip: Pros and Cons You Should Know

Pros of Flipping Houses Via the Live-in Flip

Lower Mortgage Interest Rates and Down Payment

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.

No Income Tax Due When You Sell

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.

You Don’t Have to Leave Your Home to Make Updates

As a parent with young children, not going to another home to make updates is appealing.

Multiple Exit Strategies

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.

Cons of Flipping Houses Via the Live-in Flip

Your Home Will Be a Construction Zone

As lovely as it may be to do your work without leaving the house, it also means your home will be a construction zone.

You May Have to Move Often

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.

The Housing Market Could Tank

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.