Great question and one that many people are probably asking. I think 5 years is a good timeframe to consider as a minimum hold period on a home…remember when people bought 5 yr CDs?

As far as flipping properties in today’s market, it can be done if you buy the right property. Betting on appreciation and not looking at the 3 month flip fundamentals is not the way to do it though.

In either case, I always like to use OPM…other people’s money. Keep as much cash as you can while leveraging your credit.

Thanks again!
PS

Or would investing (living in it short term and putting a large chunk of money into it for improvements) a better option?