Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
New Member Introductions
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 11 years ago,

User Stats

3,042
Posts
1,770
Votes
Brandon Sturgill
Property Manager
  • Real Estate Broker
  • Columbus, OH
1,770
Votes |
3,042
Posts

Making the transition from a live-in rehab

Brandon Sturgill
Property Manager
  • Real Estate Broker
  • Columbus, OH
Posted

I recently purchased a live-in rehab project with a targeted 12 month rehab and resale period. I bought the home because it is my kids last year in a private school in the city; meaning we need to relocate to another city at the end of the 12 month period. And this is a perfect entry for me into real estate investing. My question is how do I exit the home, place my family in a temporary house in the new city, and use the proceeds from the sale of the investment property to roll into another investment property. I can only have one FHA mortgage...do I need to find a hard money lender, or HELOC, a 1031 perhaps?...thanks in advance for the advice.

  • Brandon Sturgill
  • 614-379-2017
business profile image
Realize Property Management Group
3.7 stars
12 Reviews

Loading replies...