Investment opportunity 4 plex with 2 tenants in place. This well maintained property has 4 units, each unit has 1,070 sq feet with 2 full bedrooms and 2 full baths with washer and dryer in each unit. There are 2 units upstairs, 2 units downstairs. All units have central AC, Heat Pumps, no gas. Carpet in bedrooms, and tile, with storage closets, a full kitchen with appliances, plenty of parking, easy landscaping.
Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.
You need to cover the seller's equity of $142,499. If you don't have that in cash, we can help structure secondary financing to cover the gap.
Yes — VA assumptions can be used for investment properties. You can rent this home out.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.