Buy and hold airbnb turned into a quick flip

Buy and hold airbnb turned into a quick flip

Real Estate Agent · Southbury, CT · Member since 2013 · 160 posts · 98 votes

Investment Info:

Small multi-family (2-4 units) buy & hold investment in West Haven.

Purchase price: $90,000
Cash invested: $100,000
Sale price: $135,000

Bought a 2 family that overlooks the ocean in West Haven. Needs full renovation and going to try and airbnb the second floor.
UPDATE: Sold this due to another purchase after fully gutting it. Made a quick few bucks and the new owner decided to rip it down and build from scratch

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