First property since joining BP

[Michael Voechting]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $430,000
Cash invested: $430,000

Will be a STR once stocked and ready to go.

What made you interested in investing in this type of deal?

My wife and I were thinking of an AirBnB for a while and we both also wanted a place on a lake, let's get the best of both worlds.

How did you find this deal and how did you negotiate it?

We have a realtor that we used for a duplex we bought earlier this year. She sent us lake house that came on the market.

How did you finance this deal?

SDIRA

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

Yes, our realtor was out of town the day we wanted to see the house, she set us up with an agent in her office and she did a video walk through with us and ended up doing the deal. She did a nice job.