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Updated almost 3 years ago on . Most recent reply

Michael Connolly's profile image
Michael Connolly's profile image
Michael Connolly
  • Real Estate Agent
  • from Greater NYC area
  • Member since Dec 8, 2021
  • Posts 30
  • Votes 14
  • Experience 3 Yrs
  • Investments 1
Connect

User Stats

30
Posts
14
Votes
Michael Connolly's profile image
Michael Connolly's profile image
Michael Connolly
  • Real Estate Agent
  • from Greater NYC area
  • Member since Dec 8, 2021
  • Posts 30
  • Votes 14
  • Experience 3 Yrs
  • Investments 1
Connect
Michael Connolly
  • Real Estate Agent
  • Greater NYC area
14
Votes |
30
Posts
Real Estate Deal Analysis & Advice

Short Term Rental investment

Michael Connolly
  • Real Estate Agent
  • Greater NYC area
Posted

Investment Info:

Condo buy & hold investment.

Purchase price: $324,000
Cash invested: $75,000

3 BR/2 BA condo in the heart of Myrtle Beach. Located on Pine Hills Golf Course, this is 2 miles from the beach and .5 mile from Broadway.

How did you finance this deal?

Conventional financing: 10 percent down vacation loan

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Reena Artz - Coldwell

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