To buy property while having a flip already in the works.

To buy property while having a flip already in the works.

Realtor · Member since 2018 · 54 posts · 7 votes
Hey everyone, so I currently have a flip property in the works. About another month or so until the house will be complete. There is a really nice quadplex in my area for sale and I was wondering if it’s a good idea to maybe get a mortgage and pay it off with tenants rent money. Maybe even house hack as well. My partner is the funder for our flip so by purchasing the quadplex; that will be the only actual expense on my end. Thank you everyone
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  • Rental Property Investor · Member since 2018 · 15 posts · 4 votes
    7y

    House hacking is a great why to build equity and if you live there long enough , to shelter profit from taxes.

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