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Updated about 6 years ago, 12/08/2018
1894 Lorient Place, Chula Vista CA
Investment Info:
Single-family residence buy & hold investment in Chula Vista.
Purchase price: $302,000
Cash invested: $4,000
I purchased a single family 2 bedroom/2 bath condo using a VA loan available to me by being active duty Navy. I purchased condo for $302,000 and currently renting out 1 of the bedrooms to take care of half of the mortgage.
What made you interested in investing in this type of deal?
I wanted to own a piece of something rather than rent and own nothing.
How did you find this deal and how did you negotiate it?
Through my real estate agent
How did you finance this deal?
VA loan
How did you add value to the deal?
I put in brand new flooring and a fresh coat of paint to all the walls