Rental Property Investor · Ithaca, NY · Member since 2018 · 2 posts · 1 vote
Good Afternoon,
I am in the process of trying to finance a triplex I have owned for 5 years. Over the past year I had one unit (2 bed) that has been used for Airbnb, and in January moved the 3 bedroom to Airbnb as well. In a recent discussion with the bank, they were hesitant to include the projected income from the two short-term rentals. Does anyone know of a bank that will lend based on 14 months of Airbnb history?
New Bern, NC · Member since 2017 · 246 posts · 173 votes
5y
@Kevin Koehler
Try a small local bank or credit union. I used a small bank called Union Bank that factored in my airbnb income for just a short period of time to help finance a property for me.