Looking to invest and find private money in Providence, RI area!

[Luis Barrios]

My wife and I bought our first home in May of last year (2018). The home we bought is a 2 family in Providence, and upon purchasing it, we decided to turn the 2nd floor apartment into an AirBnB listing instead of getting a regular long-term tenant. Since publishing our listing, we've had great success and on average make about 2-3 times what we would with a regular tenant (with a lot more work of course).

Our goal is to buy a second property in the next month or two and repeat the same AirBnB model. We will get a private loan/lender to finance the property and repairs (if any are needed), and then we would list it and "refinance" through a the bank. Essential, BRRRRing the property. We've done our research of the area, have been learning a lot from Biggerpockets and a few real estate workshop to know this is what we'd like to do next and the model will work.

We would love to network with and hear from others who have done a similar investing or are looking to begin like we are!