Investment Info:

Single-family residence buy & hold investment in Ocean City.

Buy and hold short term rental. Short walk to the beach!

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

My family loves spending time at the beautiful beaches in Ocean City, MD!

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

We found this deal as a distressed property on the MLS. We negotiated a fair price point for the market that fit our rental budget needs.

How did you finance this deal?

Conventional financing was used on this deal.

How did you add value to the deal?

We added value to this deal by doing some updates on the kitchen, electrical, and yard.

What was the outcome?

We use this beautiful property as a short term rental in Ocean City, MD. We also use this property for quick family get aways to the beach!

Lessons learned? Challenges?

Contractors are tough to come by in Ocean City, MD when you're in a pinch. Luckily we used sweat equity to transform this property to a suitable, safe, and clean beach house rental.