New and Ready to Roll
Hello all,
I stumbled across this site and it rocks. I watch the flipping on tv all the time and think to myself, "These people have no idea what they're doing and they're making $50k a deal." I think I can do it. I'm deciding to go full swing. I'm relocating to Salt Lake City and going to take the plunge. Here's the deal...my company is covering my housing for the first three months...so I'm thinking to myself: Why not find a great rehab that I can claim as my primary residence while my rent is covered, flip it (or live in it if it doesn't sell immediately) and then turn around and buy my home and have money left to keep my investment dream alive. Is this crazy or what?