Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

31
Posts
3
Votes
Luke Turner
  • Lansing, MI
3
Votes |
31
Posts

House hacking. What next? Flipping or B&H

Luke Turner
  • Lansing, MI
Posted

Hello everyone!

I'm currently in the middle of a house hack. It's a single family with 4 beds. I have the other 3 bedrooms rented out.

Since May, I've been rehabbing the house, mostly doing my own work. Once it's fully finished I'm going to refinance the house and buy another house.

My question is would you flip the next house to build more capital or would you rent out your next house?

A few things to note:

I'm 21 and really want to quit my job. I make about 50k a year. Thanks in advance!

Most Popular Reply

User Stats

2,325
Posts
911
Votes
Antoine Martel
  • Rental Property Investor
  • Miami, FL
911
Votes |
2,325
Posts
Antoine Martel
  • Rental Property Investor
  • Miami, FL
Replied

You're 21 and make $50k a year! Damn! Good work.

And it all depends on your goals. If you want to quit your job then you probably want that stable cash flow so maybe it would best to hold on to that property and rent it out....

Loading replies...