house hack a 4 plex making below market offers
I'm currently looking to house hack a 4 plex and want to use my VA loan to have no down payment and live in it for almost no money down. I been analyzing a lot of property and recently come across one that can be a potential deal. I'm basing this of a 20% below market offer and raising the rents from day 1. From my analysis the rents are below market by almost $500 and if i raised the rent of 3 units the numbers make total sense and it will cash for at least $100 per door.
I'm thinking of going in with no inspections clause and taking a chance solely on the 20% below market offer.
How would experienced investors approach this deal to minimize the risk and maximizing your offer being accepted?
I know there is a 99.9 chance of my offer being rejected by i want to take a chance on a property knowing that i'm getting a really great discount.
Thanks