Nov 8 • General discussion
What do you think about this deal? VA Rehab – Downtown Mobile
Hey everyone 👋
I’m looking for some feedback on a property I’m analyzing:305 N Jackson St, Mobile, AL 36603👉 Zillow Link
Here are the details of my plan:
- Offer Price: $300,000
- VA Rehab Budget: $50,000
- Total Loan: $350,000 (VA loan, 2nd use)
- Strategy: House-hack the first 2 years — live in one unit and rent the upstairs
- Rent Options:
After I move out, I’d convert it into a full rental (either duplex or co-living).
Would love your thoughts on:
- Whether this deal makes sense at $300K
- Which rental strategy you’d choose (duplex vs co-living)
- Any red flags or things to watch out for in this area
Appreciate everyone’s insights — helps me think through the numbers and risk! 🙏
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What do you think about this deal? VA Rehab – Downtown Mobile
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