All Forum Posts by: Sarah Allgood

 Hi Benjamin, I'll shoot you a message and we can connect to talk specifics.  I had this deal go UC but we just fell out of contract.

The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022.  So far I've had success with three deals and the equity gap was $20-45k for each of them and the rates were 3.125-4.25%.  

I love finding VA Assumption Loan deals and have personally secured one so far as a rental property with a 3.3% interest rate. I've come across another deal where the cash to close is roughly $22-25k and will secure a 2022 five bedroom home with a 4.25% rate. Current comps rent for $2450+ and the mortgage + HOA is $2180. Any agents have a client looking to invest in Tennessee?

*the only reason I am not pursuing is because the home is located directly across from my current investment property and I'm looking to diversify my investment locations.  I've toured the home and it is impeccable!

My name is Sarah Allgood, and I’m a licensed real estate agent in both Tennessee and Kentucky.  I also have two buy-and-hold rental properties and am passionate about exploring unique financing opportunities.

Recently, I used a VA loan assumption to purchase an investment property at a 3.3% interest rate, which was instantly cash flow positive. There's a lot of misinformation out there, particularly around VA loan assumptions—one common misconception is that you have to be a veteran to assume a VA loan, which isn't true!

I'd love to share my knowledge and experiences with anyone interested in learning more about VA assumptions or other creative financing options. If you have any questions or would like to chat, feel free to reach out!

Looking forward to connecting!