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Updated about 3 years ago, 11/12/2021

User Stats

82
Posts
72
Votes
William Arrington
  • Gainesville, VA
72
Votes |
82
Posts

2nd opportunity came up while first is under contract

William Arrington
  • Gainesville, VA
Posted

We are under contract for our first AIRBNB and a second opportunity came up.  I called our lender to ask if it was possible and he said he did not know because he had to go through 5 underwriters to find one for our first.  My question is.. How do you guys get around this?  If I am getting push back then a lot of others are also.  My credit score is 830 to 841 depending on which 3 you look at.  I am able to place 25% down on both and I own both my cars and the only debt I have is my personal mortgage for a home that does not stretch my finances at all.  He did say that I do not have income from the first to offset the next yet which I get but.... I am doing pretty well for myself.  Any thoughts on this would be greatly appreciated.  

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