Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Real Estate Deal Analysis & Advice
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 about 1 year ago on . Most recent reply

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.

Loading replies...