Retired veteran looking to invest

[Keith Harper]

Hello my name is Keith and I am a recently retired Navy veteran with a burning desire to get into real estate investing. I am interested in rehabbing and flipping however I would like to see if I can share my two concerns.  Not being wealthy by any stretch and without much start-up capital, how realistically is it to start with little or no money.. I know the info commercials make it seem easy but I would like to hear from investors who are actually dealing with reality. Also is there a way to have buyers waiting for your property once it is finished to eliminate holding the property for a long period of time?  Any help with those two concerns or if you could point me in the right direction it would be greatly appreciated. Thanks in advance. 

[Gerhard Listander]

Instead of trying to flip with no money you can use your VA loan benefits to buy a duplex or up to a fourplex. Live in one unit and rent the others out. I own a house in Texas that I bought with a VA loan thats rented out right now since i'm currently overseas. You can do a 0% down payment with a VA loan. The VA loan has a fee of $1,500 but you can wrap it into the mortgage on the house. My closing costs were under probably $1,000 but the house I bought was only around $75k.