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Updated over 8 years ago,
New Member from New Hampshire
I recently bought and moved into a foreclosed home to renovate and flip. We are 90% finished and will be listing the property for sale this fall. Was a challenge to live through this procedure with a 3 year old and newborn! I took a taxable event when I cashed out part of my retirement to purchase the property and will take another when I sell, however it will be limited to long term gains as we lived here for one year. Looking to take proceeds and invest in multifamily properties while I continue to work my normal job. My goal is to reinvest all profit until I can lose the 9-5 and invest full time.
Jarod Clayton