Deal Evaluation - Airbnb

[Vagif Musayev]

Hi there,

Can somebody help me to evaluate the following deal: https://www.zillow.com/homedetails/124-N-Grant-Pl-Orange-CA-... Iam only qualified for $750k while the purchase price is $1.25 mln. I am only approved for $750k. Can I put down 5% with conventional loan and use the estimated rental income to supplement the rest of the loan? It is within 5-6 minutes to Disneyland and according to AirDna estimate each unit can bring up to 80 grand a year if I Airbnb it.

Looking forward to your thoughs.

Thanks!

[Allen Duan]

Best to validate STR numbers by checking comps rather than trust Airdna's estimate. Airdna bunches many differing properties together in their data sets so their estimate may not be accurate for your specific property.