Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 7 months ago,
Airbnb Income To Qualifiy For Primary Residence Mortgage
Good morning!
I have a primary residence that is a 4-unit building. Part of this property is an Airbnb and has been for several months. I do very well with the Airbnb income and do not want to turn it into a long-term rental. I am looking to purchase another primary residence after my 1-year mark however, I was wondering if lenders will be able to use my Airbnb income to help qualify for my next purchase? I will have 1 year of income but have heard it has to be 2 years worth for lenders to consider it. Waiting another year is not something I want to do so any suggestions or advice please let me know! Thanks!