Maui Short Term Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $875,000
Cash invested: $225,000
This is a short-term rental investment in Kihei, Maui.
What made you interested in investing in this type of deal?
The main interest was a high gross yield and little upkeep for a smaller condo.
How did you find this deal and how did you negotiate it?
We found this deal on the MLS, negotiated it with cash, and waived contingencies.
How did you finance this deal?
We bought the property cash and set up delayed financing at 75% LTV.
What was the outcome?
The outcome was a successful short term rental added to the portfolio.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, reach out for recommendations.
