Using my VA loan to house hack

[Jeromie Williams]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Halethorpe.

Purchase price: $249,000
Cash invested: $7,000

Currently a 3 unit house hack

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

Looking for 3 or 4 unit to house hack.

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

Found it on MLS and since the house had been on the market so long I was able to negotiate the seller most of the closing cost.

How did you finance this deal?

VA loan

How did you add value to the deal?

As of writing this I'm looking to add another 2 bd/1 ba and washer/dryers in all the units. Also, new flat top roof.

Lessons learned? Challenges?

I learned that I should have made sure the roof was replaced because I've had mulitple leaks since I bought it.