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Updated over 2 years ago,

User Stats

30
Posts
8
Votes
Britt Smith
8
Votes |
30
Posts

Workaround to financing

Britt Smith
Posted

Guys, I've been hearing/reading people are having trouble financing their short-term/airbnb rentals because the banks will not use the income due to inconsistency. Now maybe I am oversimplifying this but IF and ONLY IF you own the home in your legal name, couldn't your LLC simply lease the home from you? Now obviously you'd need to be able to show payments from the LLC to you but this is totally doable..right? Am I missing something here?

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