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Updated over 7 years ago on . Most recent reply
Airbnb and bank loans.
Hi everyone!
I am looking into acquiring a duplex to rent one side as an Airbnb, and owner-occupy the other. I have read that it is tough to get a loan for a second property when going this route, as the bank would not accept Airbnb income as qualifying income, and label your property as an investment. Is this true? and if so, how do i get around qualifying for a loan on a second property?