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Updated almost 4 years ago,

User Stats

20
Posts
5
Votes
Victor Moreno
  • Flipper/Rehabber
  • Wichita, KS
5
Votes |
20
Posts

Should I sell my house or not

Victor Moreno
  • Flipper/Rehabber
  • Wichita, KS
Posted

So I was thinking I bought my house 3 years ago for 90k got it reappraised came back to 180k I pulled out a HELOC loan of 50k to start my flipping business. I was thinking about maybe flipping 3 houses make some profit to put this equity to work and sell my house in a year or so and I would be walking with almost 95k profit after closing cost and all other things apply for another fha loan that's how I got my first house do the samething but now I would have money to pay for my flips cash