Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

17
Posts
2
Votes
Shylil Smith
  • Professional
  • Jamaica, NY
2
Votes |
17
Posts

First Investment Idea

Shylil Smith
  • Professional
  • Jamaica, NY
Posted

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

User Stats

710
Posts
458
Votes
Kevin Siedlecki
  • Investor
  • Madison, CT
458
Votes |
710
Posts
Kevin Siedlecki
  • Investor
  • Madison, CT
Replied

That is definitely one good way to get started!

Loading replies...