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Updated almost 4 years ago on . Most recent reply

User Stats

10
Posts
3
Votes
Ryan Gray
3
Votes |
10
Posts

House Hacking a fourplex financed with a VA Loan

Ryan Gray
Posted

Investment Info:

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

Purchase price: $610,000

Used my VA loan to owner occupy this property with no money down. This loan was a 30 year fixed rate at 2.25%. I didn't think this was the best deal, but it fit our needs and will be a good long term hold.

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

No money down and got a cash flowing property

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

I found this deal by posting on Facebook. I offered up a finders fee if someone could find me a fourplex to house hack.

How did you finance this deal?

VA Loan

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