I haven't bought a 2-4 unit with the VA loan yet (been living in expensive markets lately) but I will as soon as I exit the military in the next couple of years!

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? 

Hi Everyone,Currently working through a BRRRR and wanted to get your thoughts on whether I should invest in floor leveling and lifting?

First off... separate the two entities. 

The price and the rental income are good.

The person who found the deal, future partner, found it off market, turnkey, under market rents.

They signed the lease in March 2024.The first time they were late it was a couple of days past the 1st but within the 5 day grace period……Ok.The second time, they notified me on the 5th that they wouldn’t be able to pay until the 12th.  

I would just be careful if you have the right to the land as well, becasue some countries in Asia only will allow you to own the actual property. 

*Investor-Focused Solutions: Custom loan structures that make it easier to get deals done, from seasoned pros to first-time investors.I’m passionate about helping investors simplify the loan process and make smarter financial moves.

The roof and attic are the best parts of the house, 0 problems.Main line, laundry line, kitchen line are actively leaking.