Let me ask this;For instance I own a home worth $300,000, and over a couple of years I pay down on loan and own $150,000 in equity, or 50%($150,000) let’s say I want to cash-out-refinance, and get like 80% of that $150,000 cash sum loan, now, let’s say if I use that towards another mortgage, will I really qualify for 3 loans at this point?

But I am sure there are instances where the value added by these is worth more than the cost.

(which it may not be)For instance, 4-6 agents I called said it wasn't possible.

If it were me, I wouldn't want to sign too long term of a lease, and be on the hook if Airbnb stopped panning out for whatever reason.For instance, in Boston, our mayor just outlined a plan to regulate how many days one can rent out an entire apartment on short term rental sites like AirBnb, (proposed 90 days per year).

@Brenton Tigner Jr Can you define "partner" in this instance? 

For instance, our programs require a 25% down payment on 1-4 unit residential investment properties and apartment buildings, however we do not require income documentation or have debt ratio requirements.

I think the investors starting out many times live where they live they simply have no clue.. unless of course they were born and raised in a certain market then they pretty much know.but if your born and raised in Cupertino for instance you have no clue as to how people live their lives in 40k neighborhoods of pretty much any larger MSA in East of the Ole Mississip.. 

For instance, using simple maths, if you were able to raise $250k from capital partners, then you find a lender willing to fund the acquisition—70% LTV.

You'll find though, in most instances where a lease option has been employed, that a cash sale was not a possibility due to low equity.

For instance, I have seen where Chesterfield, and Ellisville (in West County) have basically outlawed AirBNB.