Short Term Rental investment

[Michael Connolly]

Investment Info:

Condo buy & hold investment.

Purchase price: $324,000
Cash invested: $75,000

3 BR/2 BA condo in the heart of Myrtle Beach. Located on Pine Hills Golf Course, this is 2 miles from the beach and .5 mile from Broadway.

How did you finance this deal?

Conventional financing: 10 percent down vacation loan

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Reena Artz - Coldwell