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Updated almost 5 years ago on . Most recent reply

User Stats

51
Posts
4
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Vilena G.
  • Investor
  • Dallas-Fort Worth
4
Votes |
51
Posts

Should I move into the my current flip?

Vilena G.
  • Investor
  • Dallas-Fort Worth
Posted

Hi Biggerpockets family!

We are remodeling a flip, it's a big project and with all this virus going around doing a lot of job at the house ourself. We need at least 2-3 months to finish the house, and my lease at the place I am currently renting is expiring in 2 months. So now my thoughts are:

1) Renew my lease for another year, continue living there and finishing the house (paying the rent and plus holding cost for the house until it sells)

or

2) Finish my lease and move into the house, finish it and live there until it sells. While saving money on rent somewhere else. As soon as the house sells move out. 

Thanks everyone,

V

  • Vilena G.
  • Most Popular Reply

    User Stats

    1,380
    Posts
    1,186
    Votes
    Twana Rasoul
    • Real Estate Agent
    • San Diego, CA
    1,186
    Votes |
    1,380
    Posts
    Twana Rasoul
    • Real Estate Agent
    • San Diego, CA
    Replied

    If you want to keep things interesting go ahead and move into it during the flip if you are up for it :)

    Best of luck!

    • Twana Rasoul

    Loading replies...