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Updated almost 2 years ago on .

User Stats

249
Posts
111
Votes
Jacob Sloop
Agent
Pro Member
  • Rental Property Investor
  • Virginia Beach, VA
111
Votes |
249
Posts

Live in BRRRR deal Virginia Beach

Jacob Sloop
Agent
Pro Member
  • Rental Property Investor
  • Virginia Beach, VA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $365,000

Contributors:
Frank A Castro

Helped client do Live in flip/ BRRRR deal in Virginia beach while renting out their current house using a VA loan with little cash out of pocket!

100k in equity after rehab and cash flowing rental once they move onto next deal

What made you interested in investing in this type of deal?

Helping client fulfil their investment journey

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

VA loan

How did you add value to the deal?

Buyer got closing assistance and will rehab property

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Me