0% down VA loan House Hack in Boise, ID
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $452,000
This is my House Hack I used my VA, rented two rooms and cash flowing ~$250/mo while occupying the Primary bedroom.
What made you interested in investing in this type of deal?
0% down Free money
How did you find this deal and how did you negotiate it?
Currently a RE Investment Agent. Reach out if you want to learn more!
How did you finance this deal?
VA Loan
How did you add value to the deal?
Boise is one of, if not the highest appreciating markets
What was the outcome?
I have all my bills paid for and put ~$250 in my pocket every month. plus my house already has ~$60 worth of equity over 6/mo.
Lessons learned? Challenges?
Take your time to find the right tenants to coexist with and the experience with be pleasant!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Ray Northcut (lender) at Loan Depot is a finance wizard! I'm a current agent with Boise TurnKey, anyone on my team can take care of you so feel free to reach out!
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