I'm currently exploring opportunities in the Honolulu market and looking to use my VA renovation loan to purchase a 3-4 bedroom home, renovate it, and rent out the extra rooms as part of a co-living/house-hacking strategy.

My weekly podcasts will also help you get a better feel of our market and then might help you learn our market quicker and with more data. 

@Diana Mulvihill listen to your gut just work on your pricing strategy and do your best to maximize revenue.

How much do you expect to spend on the rehab on this? 

Has anyone dealt with this? 

As you may have found in your search, there are lenders that will lend up to 80% of the appraised value on investment properties and don't require an appraisal.Let me know if you'd like me to point you in the right direction.I have not; I'm still working on acquiring my next house hack, but when I need it, I'll probably use a combo of hard money and margin loan.

Take time to learn through military-focused resources like Military House Hacking or Active Duty Passive Income, and connect with other military investors online or on base.

This has been my experience and I live in an ultra-competitive market.

This is exactly what we coach investors on when they are focused on scaling.

Purchase price: $60,000 Cash invested: $109,106 Sale price: $210,000 Contributors: Peter Vekselman Purchased on 9/6/2024 for $60,000, this Anderson, IN home underwent a $109,106 renovation before selling for $210,000 on 2/4/2025.