Investment Info:Townhouse fix & flip investment. 159 W 129th St is a multi-family building located in the heart of Harlem, New York.

Which trends are you considering for your flips this year?

I checked out that house.

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

@Daniel Madhavapallil Congratulations on your house hack!

We plan to buy a second house as well.

Investment Info:Townhouse fix & flip investment. 26 Pilling Street is a multi-family townhouse located in the Bushwick neighborhood of Brooklyn, New York.

@Maryann Nichols You will not find any properties on BP to flip.

I don't think Danbury is a big house hack market, but I could be wrong.

At that time I will get the house cleaned up and list it on the market and when it sells I've agreed to get reimbursed my costs for reinstatement plus any other costs plus a fee for my efforts.