6BR Home in Waikoloa Village , HI

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Owner FinancedNo Credit Check

6BR Home in Waikoloa Village , HI

$1,810,000
$10,166/mo
Address undisclosed, Waikoloa Village, Hawaii 96738
6
Bedrooms
5
Bathrooms
3,950
Sq Ft
1990
Year Built
$10,166
Monthly Payment

About This Property

THE PROPERTY Address: 68-1785 Paʻakea St, Waikoloa, HI Home Type: Single-Family Residence Size: 6 Bedrooms | 5 Bathrooms | ~3,950 sq ft Condition: Move-in ready Why This Home Works Well as an Investment Large layout = flexible guest configurations Two-level design supports income diversification Partially furnished — no setup delay Located in Waikoloa Village, one of the Big Island’s most consistent visitor areas Residents and guests enjoy: Golf courses Community pool & recreation center Dining, shopping, gas nearby Easy access to resort beaches and luxury destinations EXISTING FINANCING Instead of getting a new loan, you step into this one: Current Mortgage Balance: ~Contact for details Interest Rate: 6.625% Monthly Payment (Mortgage + Taxes + Insurance + HOA): ~Contact for details Loan Type: VA (recently originated) This loan stays exactly as it is — no renegotiation required. HOW THE Contact for details IS USED Your capital is used to: Bring the loan current (past-due balance of Contact for details) Cover acquisition and transfer costs Establish operating reserves for the rental business This keeps your total cash down payment under 12% of the property’s value, which is extremely rare in Hawaii. SOLAR The home includes solar with a monthly payment that remains with the property and is treated as a normal operating expense. Full details are provided during due diligence. HOW THIS PROPERTY MAKES MONEY Primary Strategy: Hosted Short-Term Rentals The home is already configured for: Vacation guests Family groups Extended stays Short-term rentals in this area benefit from: Year-round demand Strong nightly rates Multiple peak seasons Backup Strategy: Mid-Term Rentals During slower tourism periods, the home can be rented for: 30–90+ day stays Traveling professionals Insurance and corporate housing This creates stability and predictability even when tourism slows. YOUR EXIT OPTIONS (NO PRESSURE TIMELINE) You are not required to refinance or sell on a fixed schedule. Options include: Hold long-term for Refinance later once income is seasoned Sell as a turnkey income property Restructure internally using profits The flexibility is intentional. WHO THIS IS IDEAL FOR This is a strong fit if you: Are a business owner, executive, or investor Understand and long-term value Prefer assets over speculation Want Hawaii exposure without heavy leverage Do not want to deal with banks or lending approvals Want to live on property and offset mortgage by renting other onsite units

Features & Highlights

Motivated Seller
Rental Property
Creative Listing
Subject-To

Financing Details

Down Payment
$210,000
Monthly Payment
$10,166
Financing Type
Subject To
Credit Check
None Required

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