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Updated about 1 year ago on . Most recent reply

User Stats

72
Posts
28
Votes
James Robert
  • Flipper/Rehabber
  • Cincinnati, OH
28
Votes |
72
Posts

So many options, what would you do in this situation?

James Robert
  • Flipper/Rehabber
  • Cincinnati, OH
Posted

I have flipped a few houses now with conventional loans getting started. Made some good money. Bought a 325k house in one of the best neighborhoods. Worth about 450 if fixed up. Been here 6 months with a roommate that rents from me. I don't want to sell this. I would rent it. Currently doing a non-live-in flip that I am funding with hard money. After the flip is done I will have about 80k liquid cash to play with. Should I just buy something else with 5% down and move into it? I have been HUNTING for more flip deals that I can buy whenever i want with hard money. Just nothing really out there. I don't want to be in limbo. Should I broaden my search to out of state?  I am feeling some analysis paralysis. Flipping houses is my main source of income. 

Most Popular Reply

User Stats

3,378
Posts
2,375
Votes
Caleb Brown
  • Real Estate Agent
  • Kansas City
2,375
Votes |
3,378
Posts
Caleb Brown
  • Real Estate Agent
  • Kansas City
Replied

I'd house hack again, if it's been working keep doing it. Doing out of state works you just need a team in place and deal flow. Happy to chat if you ever look into Kansas City

  • Caleb Brown

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