How Did You Start Flipping Houses?

If you flip houses, how did you start, describe the first house you ever bought to flip? - Question on Quora.com

In my opinion, the best way to start flipping houses is to buy a live-in flip that needs a ‘cosmetic rehab’.

My first flip project was my first personal residence. The property needed a new kitchen, new bathrooms, new flooring and paint. Other than that, the home was structurally sound, so it was a pretty straight forward cosmetic rehab.

I ended up renovating the entire house myself with the exception of a few MEP (mechanical, electrical, plumbing) items that I subbed out…

I started by renovating the hall bathroom, moved on to the kitchen, & gradually updated the rooms throughout the house. This allowed me to rehab the property at my own pace without the pressure of deadlines from banks, lenders & business partners.

The Best Way to Start Flipping Houses