Purchase price: $290,000 Cash invested: $45,000 Short Term Rental (Airbnb) What made you interested in investing in this type of deal?

Purchase price: $284,000 Cash invested: $20,350 Sale price: $435,000 Contributors: Peter Vekselman Partner Driven, in partnership with Seth Choate, purchased a home on N Backer Avenue in Fresno, CA, for $284,000 on 10/29/2021.

Purchase price: $440,000 Cash invested: $20,000 4bed 2.5 bath 1811sq ft - New build from D.R.

Here in College Station, Texas, multifamily properties are in limited supply, keeping prices high and leading to multiple offer scenarios for good deals.

Purchase price: $195,000 Cash invested: $27,200 Sale price: $259,000 Contributors: Peter Vekselman Partner Driven, alongside our partner Seth Choate, acquired a property on Mount Vernon Dr #D in Modesto, CA, for $195,000 on 4/29/2022.

Purchase price: $42,000 Cash invested: $15,000 Single family detached 2 bed/1.5 bath.

We go down to a 75k value/purchase price for example and some of the same tests that a loan this size may fail for a standard mortgage would not be an issue. 

Would really like any insights you all may have on the potential (if you have worked in them) in these markets and if you feel there is opportunity in all 4 stages of our strategy. 

Terms are the same as a DSCR loan and you don’t take a hit in pricing for a refi cash out when done as a “Delayed” financing. 

Purchase price: $900,000 Cash invested: $600,000 Purchased an existing short term rental fully furnished using equity from existing home here in Los Angeles.