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Updated 3 days ago on . Most recent reply

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7
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Rosemarie Smith
2
Votes |
7
Posts

2nd AirBnb Property

Rosemarie Smith
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $380,000
Cash invested: $22,000

This property showed great potential as an per-room Airbnb Rental. It is <15min from my primary residence and I'm working with a close friend to furnish and get it on the market within a month.

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

My primary residence has had great success on the Airbnb Market.

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

MLS-listed property, Realtor did all the negotiations with the seller. They even left us 4 of the 6 bedrooms, the dining room, and livingroom furnished!

How did you finance this deal?

VA Loan

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

Highly recommend Tobin Seven for any property within Northern Virginia, DC, or Maryland. (Especially for military folks) He gives back 25% of his commissions to Active Duty members and negotiates very well!

  • Rosemarie Smith
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