Purchase price: $1,250,000 Cash invested: $2,100,000 Open as of March '22, BUNGALOU "Stay & Play" is concept that blends over-the-top accommodations with a laid-back atmosphere.

Purchase price: $1,250,000 Cash invested: $2,100,000 Open as of March '22, BUNGALOU "Stay & Play" is concept that blends over-the-top accommodations with a laid-back atmosphere.

I am seeing this more in my area... so much more actually that I think some people are using it as a strategy to sell their homes for more money.Just going to throw this concept out there as it may help you to sell for more.Let's say you think your house is worth $500k if you sell it as-is, move out, and hand over the keys.Well what is your house worth if you sign a 1 year lease back at the rate of $4,000 per month where you pay all utilities?

He gets the concepts but just can't get comfortable with the debt.  

It’s such a new concept that any seasoned appraiser will pick the allocation apart so I don’t see this getting resolved at the County board level.

I'm discussing buying a package deal from a seller who is open to the concept of seller financing part of the deal.

I've started to educate myself on wholesaling and I understand the concept.

That is, if you had enough equity to get a LOC big enough to do that type of thing.You might be able to think of some other scenarios but hopefully this concept is good enough to know the difference between the two.

Maybe we didn't catch the explosive STR wave a couple of years ago but we love the combined personal and STR use concept for a vacation property. 

@Blake Schreckhise  there are some youtube videos that explain this concept.