There is some possibility here; however, a rehab with a VA loan is difficult to pull off as the VA is very strict with their requirement to have a livable space.

Im doing 30k in renovations, adding 650 sf of living space and a bathroom, with a 203k loan. 

I hope this thread will provide a space for us to connect with others involved in the Harrisonburg, VA area!

@Andrew Angerer I have the pictures from the MLS but not any personal pictures.As far as fix-and-flip, I haven't ventured into that space as of yet.

@Rudy Avila you should reach out to several local realtors, especially those that are in the commercial space.

Now, I need to know the exact usable space, wetland delineation, water & sewer hookup cost, mitigation banking, cleaning up the trees, construction cost as exact as possible.

From pre-foreclosure to an actual foreclosure that can be purchased, it can easily be days, months, years, and that's assuming the borrower doesn't try to get in good standing.Also, to make the waters more murky, I know situations where people have switched over the property from their name to an estate or LLC or such and it marks the property as pre-foreclosure.

Yes, Mark Malfara with Berkshire Hathaway Home Services Fox & Roach realtors was the real estate agent as well as the private money lender.

@Mark AndersonYou need to speak with an accountant.  

@Mark S.Silly question, but if you get a conventional loan with 20% down, how do you know if it’s a “Fannie” loan versus a “Freddie” loan?