Step 2- close and start rehab-- would need to pay holding cost during rehab?

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Those holding cost will certainly add up over time and kill any cash flow.

It might have been bound but many insurance companies have put those new policies on hold if the purchase has not happened due to the disaster and letting the mortgagee(lender) know that the policy is on hold.

You're not looking to do that, you're looking to keep it as a rental/hold it due to the rate.Have you gotten the insurance update in Houston?

BUT, I am sick living in construction and would like to move to a new home and then finish fliping and sell or hold the two homes asap.

At this stage in my life, these equity plays are more impactful than holding onto a property for a couple hundred dollars of monthly cash flow.What’s your take?

We also have a different ESCROW account that holds the deposits for buyers purchasing our listed properties. 

I want to go the buy-and-hold route, and I am interested in finding a duplex that will provide a steady cash flow, a high appreciation value and does not need renovations.