This isn't to say you can't flip properties part-time, but it will come with challenges.

My dad and I (both with access to VA loans) are about to get into the multifam game and how we proceed is really going to depend on the true occupancy rules for the VA and our lender.

👋It’s awesome that you’ve already started diving into the calculators and podcasts—those are great resources for anyone just getting started.Since you’ve had some rental experience already, I’d love to hear what you found most challenging about owning and selling that property back in 2017.

It was a true chestnut log cabin, circa mid 1800s, right on the Roaring Fork River in Gatlinburg.

What was that challenge like?

Challenges?

Insurance was a huge challenge, but BiBerk (a Berkshire Hathaway company) was willing to write a policy for us. 

Challenges?

Purchase price: $145,000 Cash invested: $60,000 Finding a move-in-ready home that offers modern upgrades and country charm can be challenging—but this fully renovated 4-5 bedroom, 2-bathroom ranch is the perfect solution.

Challenges?