Where do you live while flipping a new house?

[Galit Garsiel]

When you renovate a new house, do you live in that house, or do you have your own house, beside the one you're flipping, or do you live in a rented apartment?

I have one apartment in my posession, and don't have the money to buy another one. In order to get the money, I'll have to sell my apartment. If I live in a rented apartment while the renovations are taking place, I'll lose the rent money in the meantime.

Living in the house while being renovated can be a problem, because I have three cats, and they're used to going outside whenever they want. I'll need a fenced in yard, and those are pretty expensive where I live. 

[Mohammed Rahman]

Hey @Galit Garsiel - it depends on what you're trying to accomplish. Living in a house while renovating is still possible, as this is what we call the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat).