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Updated about 4 years ago on . Most recent reply

User Stats

2
Posts
1
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Kevin Koehler
  • Rental Property Investor
  • Ithaca, NY
1
Votes |
2
Posts

Do Any Banks Finance Short Term Rentals??

Kevin Koehler
  • Rental Property Investor
  • Ithaca, NY
Posted

Good Afternoon, 

I am in the process of trying to finance a triplex I have owned for 5 years.  Over the past year I had one unit (2 bed) that has been used for Airbnb, and in January moved the 3 bedroom to Airbnb as well.  In a recent discussion with the bank, they were hesitant to include the projected income from the two short-term rentals.  Does anyone know of a bank that will lend based on 14 months of Airbnb history? 

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