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Updated about 16 hours ago on . Most recent reply

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Alexander Young
  • Orlando
1
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3
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Help! DSCR loan/trouble showing Airbnb profits to underwriting

Alexander Young
  • Orlando
Posted

Hey bigger pockets people. I am currently getting denied on a DSCR loan due to the appraisal using long term rental comps. I am the buyers agent and the only financials we have from the seller/airbnb, although look fantastic, do not have the property address on the airbnb financial. It just has the LLC that the seller has it registered under.

Anyone use a DSCR loan and pulled financials from airbnb before? If so, what documents helped underwriting?

  • Alexander Young
  • Most Popular Reply

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    337
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    Andrew Zamboroski
    • Lender
    90
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    337
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    Replied
    Quote from @Alexander Young:

    Hey bigger pockets people. I am currently getting denied on a DSCR loan due to the appraisal using long term rental comps. I am the buyers agent and the only financials we have from the seller/airbnb, although look fantastic, do not have the property address on the airbnb financial. It just has the LLC that the seller has it registered under.

    Anyone use a DSCR loan and pulled financials from airbnb before? If so, what documents helped underwriting?

    Find a lender like myself who can use air dna and transfer the appraisal to save the deal!

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