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Updated over 1 year ago on . Most recent reply
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Short Term Rentals For Sale By Owner or With Agent
Greetings all!
I've been looking for my first STR all over the nation, talked to a lot of agents and owners about their STR for sale and ended up deciding to focus on Orlando. Seems to be a good place to start (but of course I could be wrong if the deal isn't right). My Grandmother and Aunt live in Davenport so I've been searching in that area and others closer to Disney World.
I'm just wondering if there are any STR owners in here willing to do seller financing? I figure this is where I learned of this strategy so why not ask here also. I would ultimately refinance and cash out the seller but it's been difficult to get a loan without a full 20% down.
I’m open to any suggestions, advice or opinions. Thanks I’m advance!
Most Popular Reply
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- Olympia, WA
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Hey @Darnell Robinson. Finding seller financing can be tough in my experience.
As for finding FSBO places, I have been searching Craigslist, FB Marketplace and other free listing services.
You have to wade through the many agent listings but there are gems to be had.