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.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
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 about 9 years ago on . Most recent reply

User Stats

146
Posts
44
Votes
Chris Roche
  • Rental Property Investor
  • North Weymouth, MA
44
Votes |
146
Posts

203K Buy, Rehab, Live in, Sell

Chris Roche
  • Rental Property Investor
  • North Weymouth, MA
Posted

Hey Guys - 

     I initially wanted to buy a multi and house-hack my way into real estate investing.

Would buying a house with a 203k, fixing it up, living in it and selling it be another strategy?  Is there money in this?

I think the downside here would be if I sell it less than 2 years I have to pay cap gains?  Or maybe, I could live in it for a bit, save up and move out to rent it?

The biggest issue is the downpayment in the greater Boston area are crazy!

  • Chris Roche
  • Most Popular Reply

    User Stats

    389
    Posts
    193
    Votes
    Joshua Martin
    • Investor
    • Milwaukee, WI
    193
    Votes |
    389
    Posts
    Joshua Martin
    • Investor
    • Milwaukee, WI
    Replied

    Additionally, I have a local lender who told me yesterday he closed one in 23 days! So it doesn't have to be as long and ugly as people make it sound.

    Loading replies...