SF Home Newport News, VA

[Justus Albertson]

Investment Info:

Single-family residence buy & hold investment in Newport News.

Purchase price: $149,000
Cash invested: $2,000

This was my first Real Estate Purchase. 3B/1BR. Used the VA Loan so only had to bring $2000 to closing.

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

I was paying $900 in rent for a crappy 1B/1BR apartment. My Mortgage on my house is $902/m and for the most part I have had a roommate.

How did you finance this deal?

VA Loan