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Updated over 9 years ago on . Most recent reply
![Shylil Smith's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/337958/1695129540-avatar-ssmith1995.jpg?twic=v1/output=image/cover=128x128&v=2)
First Investment Idea
Is it a smart idea investment to buy a SFH property with built in equity, make improvements to the home, and hold as a rental? I would then pull out that equity and move to the next deal. I have an advantage to an owner occupied loan at the moment, so I was thinking to basically do a live and flip, because I still do also need a place to live as well. I'll also do the diligence to also make sure it'll be a great cash flow rental for after.
Most Popular Reply
![Kevin Siedlecki's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/238025/1621435384-avatar-kjsinterests.jpg?twic=v1/output=image/cover=128x128&v=2)
That is definitely one good way to get started!