Client Success Story! Washington DC Condo Purchase using VA Loan

[Cassidy Burns]

Client just recently purchased a 2 bedroom/ 2 bathroom condo in Washington, DC using the VA Loan!

Check out these great numbers!
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Purchase Price: $483,200
Seller Credit: $18,200
Appraised Value: $485,000
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Dakota made $20,000 today when he signed on the dotted line.
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Dakota used the #VAloan , the best loan out there. All #veterans should tap into this.
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EMD: $10,000
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The day he signed he got a $10,288 check BACK... he didn’t pay anything to buy this 🏡, literally $0... he actually made $288.
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His mortgage : $2,523.15/month
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His current roommate is moving into the 2nd room for $1,500/month.
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Dakota’s Monthly Payment : $1,023.15
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Projected rent once he moves out : $2,600-$2700/month
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Dakota purchased a future cash flowing asset for -$288 utilizing the VA Loan and having to do $0 in renovations since the property was new construction.

Dakota utilized House Hacking in Washington DC in order to get into his first property, reduce his expenses, and now has an asset instead of paying rent.