Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage 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 almost 9 years ago on . Most recent reply

User Stats

58
Posts
13
Votes
Kenny Lewis
  • Real Estate Agent
  • Roseville, CA
13
Votes |
58
Posts

What really happen in the buying process? All steps & docs needed

Kenny Lewis
  • Real Estate Agent
  • Roseville, CA
Posted

Ive read and heard a lot of success stories and the fun parts of investing...but what realistically happens/needs to happen throughout the whole process...paperwork/money wise. I get the find the right deal and right property to flip, and the right property to rent out part. But what's the paperwork and money involvement with buying a flipper (quick buy and quick sell). I just bought our first home and we are military so I know the process of a VA loan, but I want to know the process of intent to flip (if different than private residence). If you can explain the difference between conventional loan vs. Private lender/cash buy process. Also, could I use a VA loan to purchase a flip and or rental property? (I know this is all mixed up, just typed as I kept thinking of questions)

Loading replies...