Updated almost 4 years ago on . Most recent reply
Define "Investment property"? Using 2nd home mort for Air Bnb
I am in the 11th hour leading up to clear to close. My bank just sent me an email telling me that the underwriter wants me to sign and date something that says I will not use this property as an investment property.
We are using this property as a second home and a vacation property, but still want to AirBnB to help offset cost of mortgage and repairs.
Will I be committing fraud if I state that I will not use as "Investment property" and then list it on AirBnB?
What can I do?



