Condo Flamingo - Panama City Beach FL

[Torsten Langguth]

Investment Info:

Other other investment in Panama City Beach.

Purchase price: $142,500
Cash invested: $28,500

Short Term Rental Property

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

Starting to build an Short Term Rental Business in a very popular area

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

Personal Visits and use of a real estate licensee

How did you finance this deal?

Mortgage through our LLC

Lessons learned? Challenges?

HOA issues, future assessments in regards to Hurricane damages

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

Agent and Lender