All Forum Posts by: Paige Thuli

Hi Ashley! I am an investor in Madison as well! If you ever have any questions, or just want to talk, I would be happy to! Good luck with your STR!

Hi everyone!

I am looking to purchase a property in the Madeira Beach area and was looking for lending referrals. I am looking to purchase a duplex and live in one side and STR the other. I will most likely need to be pretty creative with the way I finance the deal. Anything is helpful!

Thank you!!

Investment Info:

Condo buy & hold investment.

Purchase price: $105,000
Cash invested: $3,000

Rent this out as a MTR

What made you interested in investing in this type of deal?

Originally I wanted to do STR but found out there were too many regulations in my area, so I researched MTR's and decided it was the perfect combo between LTR's and STR's

How did you find this deal and how did you negotiate it?

Found on the MLS and offered asking price no contingencies

How did you finance this deal?

Private money - no money down except for furnishing the unit which was about $3,000

What was the outcome?

I took about three weeks to furnish it - a little longer than it should've taken me and got my first renter within a month of closing

Hello! I am looking for someone to help me with maintenance requests in Madison, WI. If you are interested, or know someone who might be, you can reply to this, call or text me at (608) 482 - 0983, or email me at [email protected] 

Thanks everyone!