Single-family residence buy & hold investment in Woodbridge.
Purchase price: $212,000
Cash invested: $2,000
3 bed 1.5 bath townhome. This was my first investment. Did a house hack with a VA loan.
What made you interested in investing in this type of deal?
I was sick of paying rent, but did not want to pay a full mortgage. I knew I could rent the two rooms out to cover my mortgage
How did you find this deal and how did you negotiate it?
How did you finance this deal?
Awesome that your tenants cover the mortgage! How much will it rent for after you move out? Woodbridge is an expensive market. Good job making it work for you!
@Douglas Harris congrats, that's awesome. The VA loan is amazing. How do the numbers work out on the house hack? Does it break even, or are you turning a profit too?
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