Updated over 6 years ago on . Most recent reply
Should I finance furniture for a furnished rental?
This is a bit unique and weird question to be posting on biggerpockets but I'm unable to find any information.
I'm in the process of purchasing a rental with the intention of furnishing it for short term stays. I know it's possible to get furniture from many stores that offer "0% APR financing." Is this a good idea? Or am I missing something? Furniture financing is normally a bit dumb of a move in my opinion, but I think it's logical from a business perspective.
Doing so should free up my capital and I am looking at a large budget for furniture...
Thanks!
Most Popular Reply

@Teho Kim, I find the furniture at discount stores. Cort Furniture Outlet - its a leasing company however they sell the gentle used furniture after its returned. Some locations are all resale and some locations are half leasing and half resale. Rooms-to-Go outlet stores and ashley outlet stores are great too. If you can build a relationship with a sales person they will snap pics of inventory and send them to you so you don't spend your day running around. Ikea AS IS section rocks too! Big lots is great for reclining chairs. Fake leather is best for furniture - easy wipe down- if pet friendly then stay away from real leather... some dogs like the smell and want to chew on it. I never buy cloth as it will need to be replaced after a couple years. Hope that helps.