No bank would lend to us. Here's how we bought a 15 acre farm without one.

Kylee & Steven - Short Term Rental ExpertsSep 26, 202314m 0s2.2K viewsScore 85
Pricing & Profitability
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seller financing
creative financing
investment property
remote hosting
deal analysis
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Summary

AI-generated

Learn how Kylee and Steven purchased a 15-acre farm in Iowa using seller financing, bypassing traditional banks and debt-to-income limitations. Discover their strategy for funding deals creatively and managing properties remotely.

Key insights

  • Splitting time between different locations (e.g., California and Iowa) is achievable for entrepreneurs with remote businesses and flexible schedules, balancing family proximity with business needs.

Mistakes to avoid

  • Assuming a bank will always lend is a mistake; launching a large new property or having significant existing debt can make qualifying for conventional loans temporarily impossible.

Tools & resources

  • BaseCamp 74listing

    BaseCamp 74 is a 77-acre property the hosts recently launched and are seeking wishlist hearts on Airbnb.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial