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Updated over 5 years ago,

User Stats

74
Posts
14
Votes
Jazmine Bryant
  • Tucson, AZ
14
Votes |
74
Posts

Short Term Rentals and Lenders

Jazmine Bryant
  • Tucson, AZ
Posted

One of my goals for the next 365 days is to acquire two properties that I will do short-term rentals on (AirBnB and the like) and I plan to purchase them through PMLs and/or HMLs. 

Do PMLs and/or HMLs usually have any stipulations on how the property is being used while there is a loan on the property - whether the tenant has to be short-term or long-term?

I ask because I'm planning out my objectives for the next few years and want to make sure I'm getting this right. 

Thanks in advance. 

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