All Forum Posts by: Henry K.

Yes, I have W2 income that I can show, but I'm currently part time since I'm in school. I'll be full-time starting in June. So it's 24 months as a guideline?

Thanks for the info! What if 2015 had about 3 months worth of Airbnb income and all of 2016? Do you think that would count as 2 years for most banks? Does your local bank work out of state?

First time posting, but I've been house hacking/Airbnb for about 16 months. I'm looking into purchasing another property to move into and rent out my previous townhouse. Bought the townhouse with a 20% down conventional loan.

Looking for options for financing. My idea would be to possibly use a HELOC/equity loan to use as a down payment for the second property. What would be the best way to finance the second home?Would it be worth it to look into an FHA loan? Thanks guys!