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Updated about 8 years ago on . Most recent reply
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Has anybody flip flopped? Buy&hold then sell
**typo in title.. should be: Buy&hold then flip**
Hey everybody... curious about an interesting strategy and wanted to see if anybody does this currently... I am currently 24 years old, have 2 buy and hold properties and I am looking to continue on this path. I want to retire early, so that's the main goal with investing. I don't think flipping will allow me to retire early, so buy & hold is my main focus.
However, I was curious... Does anybody alternate between buy and hold, then flip a house to make a large payment towards principal on their buy and holds? Then buy another buy&hold, then flip, etc...
Anybody see any problems with this strategy, or want to debate some pros and cons? Curious!