Are you interested in doing so in the near future?

The sooner you invest, the more time you have to benefit from compounding returns and property appreciation.Key Lesson #2: Leverage Financing Wisely Using my VA loan was one of the best financial decisions I made, but I didn’t fully understand the power of leveraging financing at first.

I am looking to branch off and use the banks money for my real estate investing instead of my own.

My question is to people who has flipped houses or know how it works, assuiming I get a house that needs some work in order to make money and resell i have to renovate it nicely but I dont have any skills nor knowledge how to do remodel and I would have to get contractors to do it for me and they are not cheap at that point i would get contractors to do everything and will i make any profit after selling the hosue? 

Your follow up message coupled with the fact you already reached out to 6 law firm tells me you are not only over complicating this process but also looking to collect free legal advice.

*I am not a CPA, tax professional or a lawyer*I cannot give legal advice, so all of my advice is illegal advice.As far as I know, section 469 of the tax code is what allows for the "STR loophole". 

Does anyone know of any banks in or around the August Ga area that will work with out of state investors?

Yes, I got the propstream too.

Would be helpful if you use them currently or have used them in the recent past to better be able to speak to the pros & cons of the company.I’m also likely going go need a reliable GC so if I’ll take those recommendations as well if you’ve got ‘em.Thank you all in advance.E.S.

Most investors follow the 70% rule of thumb (ARV x 70% - Rehab cost = offer price).