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Updated about 4 years ago on . Most recent reply

Jelissa Bisono's profile image
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Jelissa Bisono
  • Rental Property Investor
  • from Queens, NY
  • Member since Oct 28, 2018
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Jelissa Bisono's profile image
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Jelissa Bisono
  • Rental Property Investor
  • from Queens, NY
  • Member since Oct 28, 2018
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Jelissa Bisono
  • Rental Property Investor
  • Queens, NY
2
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16
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Creative Real Estate Financing

Airbnb Financing options needed

Jelissa Bisono
  • Rental Property Investor
  • Queens, NY
Posted

I need help I have seen some amazing properties I would like to purchase to use as an Airbnb. Any recommendation on how I can purchase, fix and finance to rent out as Airbnb? Any suggestions on how to get started would be amazing and Thank You

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Paul Welden's profile image
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Paul Welden
  • Real Estate Agent
  • from Tempe, AZ
  • Member since Jan 13, 2011
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Paul Welden
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  • from Tempe, AZ
  • Member since Jan 13, 2011
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Paul Welden
  • Real Estate Agent
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Paul Welden
  • Real Estate Agent
  • Tempe, AZ
Replied

Fannie Mae & Freddie Mac offer Investors and owner occupants rehab loan that allow you to have the purchase price + rehab cost into 1 loan. 

Fannie Mae Homestyle

Freddie Mac CHOICERenovation

For owner occupants, you can also use the FHA 203k, which will also allow you to buy a MF property to live in one of the units and rent/Airbnb the other unit(s).

Hope this helps! 

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