Creative Finance Explained: How I Got This Airbnb Almost Free
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.
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