I'm Just Starting Out and Found a Dream First Investment for 2M

[Tyler Hoff]

So I've been studying Real Estate off and on for my entire adult life, and am really wanting to dive in. 

I found an amazing property with a Cashflowing AirBnB - and I want to use OPM.

What would be the first steps to getting the funding to make an offer on this property? My wife and I would run the business and also live there. Looking forward to any advice or what the best first steps would be.

The property is 2 Million - but with the water rights and Zoning we can do a lot with it...

Thanks for any insights or guidance.

[Jeremy H.]

This was left really open ended

What's the revenue of the AirBnB? What is it? House? Multi Unit? Location?

First step is funding - house hack maybe since you intend to live in the property? Come up with the 500k downpayment...partner or take some type of loan

Seems like a high risk and big 1st purchase for your experience level - that's just my personal opinion