Feedback on live in flip in the Bay Area?

[Chatree C.]

I'm interested in buying Bay Area property off market to rehab but then live in it for a couple years to capture tax advantage with the gain when I sell, then repeat. I'm looking at Peninsula Area such as San Mateo, Redwood Shores, Foster City. Assuming I bring the fund to acquire and refi in 6 months.

Does this even make sense and what's your thoughts on that?

[Arlen Chou]

@Chatree C. a live in flip is the best entry strategy in a hot market for a young person, especially if you are single without kids.  I would layer on top of that strategy renting out extra rooms.  With this strategy you get all of the benefits of; loan pay down, tax benefits, appreciation, learning opportunity.  I personally did this in my 20's and into my 30's until I got married and had kids.