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Updated over 5 years ago,
Owner occupied 1st fix n flip
I found a home that is move in ready; Minus the roof which is 21 years old. It's a 3/2, granite counters, wood floors, tile kitchen and bathrooms. Huge screened in lanai in a prideful pocket neighborhood. Great starter that's move in ready. Its listed at $269,000 "knowing the roof has reached its term".
I plan occupying this home for 2 years and then renting out.
Question: My plan is to rent it out in about 2 years. Do you think its better to pay for a roof cash? or roll it i to the loan? What strategy should I use?
What is the best strategy to use?