Can you use Brrrr to finance Air BnB?
I am just curious if anyone thinks that the BRRRR strategy would work with Air BnB? I know that to refinance into a bank loan you would need to show projected income on the property. Would this work similar with a short term rental like Air BnB? Any help is appreciated!
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@Caryn Zallnick open an LLC to rent the unit as a LTR and have the LLC (which you would still own) run the operations of the STR. It's like you rent to yourself for benefits on both ends: refi with a stable tenant for the lender Long term and higher revenues with STR.