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Taylor Wing
  • Investor
  • Stuart, FL
2
Votes |
3
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My First Purchase: VA Loan House Hack

Taylor Wing
  • Investor
  • Stuart, FL
Posted

Investment Info:

Single-family residence buy & hold investment in Fayetteville.

Purchase price: $95,000

This was my first real estate purchase and probably my best one! I used a VA loan, 0 down and rented out the third bedroom while I occupied. The rent covered my entire mortgage while I lived there, and now it cashflows over $600 a month! The cherry on top... have yet to pay a single penny of my own money into this mortgage, thus an infinite return on this investment.