Investment Info:

Single-family residence fix & flip investment in Portsmouth.

Purchase price: $240,000

Cash invested: $180,000

Sale price: $789,000

3 Story Victorian build in 1900

Purchase price: $160 Cash invested: $108 Sale price: $355,000 Vintage 1900 2 Story 1650 Square FT Complete stud to stud restoration What made you interested in investing in this type of deal?

Start slow and small.5) These prices where somewhat possible back in the day 2011 and 2012 with various restoration companies working for banks and doing bank foreclosures.

Then, you can refinance both of those VA loans into conventional, keep them as rentals, do what's called a "1 time restoration," restore your VA entitlement, and repeat the process again.

Short backstory; I’m a licensed builder in MI and have been on my own for 1.5 years completing structural restorations, insurance claims (roofs, siding, floods, etc), and about 15 or so bathroom remodels.

You can find some really high-quality, durable, timeless stuff at Goodwill and ReStore!

How many can take a years hit on rent income with a probable big restoration bill?    

I’m stuck on if I restore go Mtr or ltr in Nashville

Took a few years to get licensing, permits, etc, to either restore it to being an assisted living facility, or convert it into one.

If you don’t, they can force you to remove the new construction and restore it back to its original state and issue fines.