Advice needed

[Jason Alvarado]

Ok so I am new here, I just came across this site today and need some advice. My wife and I recently inherited a home that is paid for and we at first considered renting but do not feel like that's for us. We are considering selling and getting into flipping houses since it has literally been her dream for years. I feel it would be good because I am very handy, have real estate connections in the family and would be able to go into it all cash so we would never owe any banks. I am just wanting to know if selling to do this would be wise. Thanks

[Stephen S.]

Well; you said that you own an inherited house and have no interest in renting it. So that leaves: abandoning it, living in it, or selling it.

Of those three I favor fixing and selling it. There's your first Flip - done.

stephen
------------




Originally posted by @Jason Alvarado:
Ok so I am new here, I just came across this site today and need some advice. My wife and I recently inherited a home that is paid for and we at first considered renting but do not feel like that's for us. We are considering selling and getting into flipping houses since it has literally been her dream for years. I feel it would be good because I am very handy, have real estate connections in the family and would be able to go into it all cash so we would never owe any banks. I am just wanting to know if selling to do this would be wise. Thanks