Room rentals and financing qualification consideration

[Andrew Yip]

Hi BPers, 

I m just wondering if any of you who lives in big cities and rent your rooms (through airbnb, craigslist, etc)  are able to utilize the rent money as loan qualification.

I live in a part of the city, where it's more make sense to rent rooms instead of the whole house as rent income (SFR). All of my rooms has 6 months lease agreement and currently thinking to do airbnb as well.

However when qualifying for a loan, the banks not consider this type of rental income. They only consider if the entire house is leased to someone for a year or two. 

Thus, could you help to give me insight.. how can we utilize rental income from rooms as cash flow that bank would consider?  is there any banks/credit union that would consider this?

Can I or my partner make an LLC... then we make a lease agreement... renting the house to that LLC.. and the LLC pays monthly to our account? Does anybody tried this strategy yet?

Thank you very much for your insights.