I’m in the process of purchasing a second home in Aspen, CO, which will also serve as my first STR property.

When he sells he doesn't finance 100% of the purchase.

Quote from @Cody Lewis: My wife and I recently purchased our first STR.

Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Purchase price: $940,000 Cash invested: $250,000 I purchased a Self-Storage Facility.

My plan is to sell my primary home in New York and purchase a house to live in South Carolina.

I currently have a duplex and the first support needed will be taxes for 2024.My goals over the next year are to purchase another 2-4 unit complex as well as establishing a long list of leads and maybe getting under contract for a fix and flip.

Purchase price: $645,000 Cash invested: $60,000 Two Unit property with lots of living space3000 sqftOne parking spotBrand new kitchen addedW/D in both unitsGood for Long term / Mid Term / Short Term What made you interested in investing in this type of deal?

Purchase price: $380,000 Cash invested: $135,000 Annual rental to be turned into STR when tenant vacates What made you interested in investing in this type of deal?

Purchase price: $925,000 Cash invested: $75,000 Sale price: $1,190,000 Bought and styled and managed a luxury Airbnb in Scottsdale.