Fantasy Castle Airbnb Retreat

[Zach Milburn]

Investment Info:

Single-family residence private money loan investment in Raleigh.

Purchase price: $185,000
Cash invested: $315,000

Building a fantasy themed “castle” retreat Airbnb! Designed it myself, going into a hillside, on 4 acres with a creek, amazing project and I’m very excited.

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

Dream project, I’m a nerd

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

Tried trading my house for a cool piece of property, eventually came to a deal and was able to raise money behind the concept

How did you finance this deal?

Local Bank!

How did you add value to the deal?

Imagination

What was the outcome?

In progress... finger crossed!

Lessons learned? Challenges?

Things are easier when you have help

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

Aspire Homes, NC