Live-in-flip or maximize savings rate. Looking for direction

[Joe A.]

Hey everyone, looking for some direction on whether to proceed with a live-in flip.

I own my primary residence and have 2 separate rental units. Between my W2 income, rental income, and keeping expenses low, I have a pretty good savings rate (30% or so). I’d normally use these savings for the next rental property.

I recently came across what would be a good live-in-flip right in my town. So I’d rent out my current primary residence, move into the live-in-flip, and then return to my current primary residence in 2-3 years, after completing the live-in-flip.

I would need to stretch my expenses to carry and repair the live-in-flip. So is it worth sacrificing my current savings rate for a larger gain through the live-in-flip in a few years? My gain through the live-in-flip would likely 3x what I would have saved.

Let me know what you think!