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Updated almost 5 years ago on .

User Stats

74
Posts
18
Votes
Luca Giani
  • Real Estate Agent
  • Costa Mesa, CA
18
Votes |
74
Posts

Buying a property to rent on AirBnB: how to finance the deal

Luca Giani
  • Real Estate Agent
  • Costa Mesa, CA
Posted

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!