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Updated about 1 year ago,

User Stats

58
Posts
44
Votes
Landon Moore
  • Rental Property Investor
  • Phoenix, AZ
44
Votes |
58
Posts

2.5% Interest Rate | SubTo | AirBnb

Landon Moore
  • Rental Property Investor
  • Phoenix, AZ
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $500,000
Cash invested: $27,118

2.5% Interest Rate Subject To VA Loan!

On market property | Turned this into a STR

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

Low Entry and low interest rate on the VA loan

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

On market, Zillow. I called the agent!

How did you finance this deal?

$27,118 was my total wire to purchase the home!!

How did you add value to the deal?

$10,000 in rehab, interior paint, exterior landscaping work. Furnishings!

What was the outcome?

A beautiful STR property located in the Flathead Valley

Lessons learned? Challenges?

Finding reliable contractors ahead of time in rural parts of the USA.

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