New Round House Airbnb

[Jordan Lockaby]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $225,000

Beat 26 other offers to snag this CUTIE PIE of a round house in the Wolf Laurel Resort community. (Ski resort, golf course, air strip, Appalachian Trail hiking, swimming pool, fishing, etc.) Yes, it was during the height of a hot sellers market in Asheville, and yes, I paid $65,000 over asking. Worth it? YUP.

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

Listed on the MLS. Made a very competitive offer well over asking price which included waiving my own commission as the buyer's agent.

How did you finance this deal?

DSCR loan.