My first cash out refinance

[Felix L Perez]

Hey guys, 

so I’ve been having a little trouble getting a loan and im looking for some advice. This is my second deal, the first one was a flip and now I have a house that I want to want to do a cash out refinance on and airbnb. I’ve been airbnbing it for the past month and a half and I love it. My gross profit is about 2,500 a month which is nice right now because my hard money loan payment is $1,500. But I believe it’s too early to base a loan off of one months airbnb income if I’m not correct. so the 3 places I’ve talked to want to base it solely on my own income which is about 45k a year which I feel should be enough because I’m lucky enough not to have many other bills in my life plus I will be getting income every few days from airbnb but they’re still saying things like I should do a stated loan, or have a family member or friend say they’re renting the home so I can qualify. This has me worried because if I’m having this much difficulty on my first loan what’s going to happen on the 2nd and 3rd? Am I going about this the wrong way, should I talk to more real estate investor friendly lenders or what. Any advice would be much appreciated. thanks!