Creative Finance Explained: How I Got This Airbnb Almost Free

12.9K viewsover 2 years ago13m 49sScore: 75

Robuilt

Pricing & Profitability
intermediate
Tax Strategy
Profitability
Expenses
Pricing Strategy
Amenities

Summary

Robuilt explains how he purchased a fully-furnished beach house for $50,000 out of pocket using creative financing, specifically a hybrid subject-to and seller financing deal. He took over the existing mortgage and is financing the equity with the seller for 10 years at 2-3% interest, and plans to make it a profitable short-term rental by investing in unique amenities and upgrading the amenities.