Updated almost 5 years ago on .

Buying a property to rent on AirBnB: how to finance the deal
Me and a friend of mine wants to buy a property to rent on AirBnB (Upstate NY). He lives in NY, I am a California resident. We don't own any investment property at the moment. Anyone here that invest in property to rent on AirBnB?
Some questions:
- what is the best way to find the deal? how much downpayment is required?
- what is the best way to buy it? LLC or as individuals?
Thanks for the help!