My First House Hack Using A VA Loan

[Eric Caputo]

Investment Info:

Single-family residence other investment.

Purchase price: $182,500
Cash invested: $3,500
Sale price: $185,000

This property is my first house hack. It is a 3 bed 2 bath single-family house ~1,600 sq. ft on a half-acre lot. Using my VA loan, I was able to buy the property for $0 down and I paid ~$3,500 for closing costs. I have two roommates that rent out the extra rooms for $500 each. This offsets my mortgage and the extra I am saving for expenses. Utilities are split per person in the house.