Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

35
Posts
2
Votes
Christopher Aguilera
  • Investor
  • Santa Ana, CA
2
Votes |
35
Posts

house hack a 4 plex making below market offers

Christopher Aguilera
  • Investor
  • Santa Ana, CA
Posted

I'm currently looking to house hack a 4 plex and want to use my VA loan to have no down payment and live in it for almost no money down. I been analyzing a lot of property and recently come across one that can be a potential deal. I'm basing this of a 20% below market offer and raising the rents from day 1. From my analysis the rents are below market by almost $500 and if i raised the rent of 3 units the numbers make total sense and it will cash for at least $100 per door.

I'm thinking of going in with no inspections clause and taking a chance solely on the 20% below market offer. 

How would experienced investors approach this deal to minimize the risk and maximizing your offer being accepted?

I know there is a 99.9 chance of my offer being rejected by i want to take a chance on a property knowing that i'm getting a really great discount. 

Thanks

Loading replies...