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Updated over 4 years ago on . Most recent reply

First Investment with Shipping Containers
I am looking to buy a plot of land to place. 2 shipping containers each being unit. (I live in a state where this is accepted)
The ultimate goal is to rent it out by using short term/vacation rental(AirBnb), creating passive income, and have the ability of doing this again on another plot of land. I have my own money and a immediate family member going to help with the loan as well as their own money. I have a blueprint as well that was paid for to be used as the plan for both units.
My questions are:
Can a form of the BRRRR method be used in this investment?
What kind of additional financing would be the best option for this investment?
Bank loan or an alternative loan?
Electric and Water first before putting down the containers?
Who else is needs to be essentially involved with the blueprints and the inside compared what I can do myself?
How long until I can look at another property in the future?
Any other advice for this investment I will accept, please and thank you.
Most Popular Reply

- Lender
- Lake Oswego OR Summerlin, NV
- 63,758
- Votes |
- 43,164
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there is far more to this than just buying containers and putting in UTLS you have to get the containers themselves approved through the state for current building codes.. which is a HUGE project. and finacing is tough.
check out relevent homes in Oregon city Oregon this is my aviation partners business he has been at it for 5 years now.. and is just now starting to actually make a profit.. these when they are done right cost MORE than stick built
- Jay Hinrichs
- Podcast Guest on Show #222
