Updated over 8 years ago on . Most recent reply
Flip turned into rental strategy
Hello everyone.
I need a little guidance on how to go about buying and renting (new to REI). I'm in the process of looking for a house to buy and flip, then after a few months of living there, the plan is rent it out as I will be moving to another state.
One possible strategy is to get a private lender and buy and flip the house, then with the LLC, purchase it using a conventional mortgage. Is this doable? Also, are there other strategies that would help me achieve the same end goal?