Can I BRRRR with short term rentals?

[Jennifer T.]

Hi all,

I'm just trying to figure out my investmen strategy. I'm interested in the BRRRR method - from what I learner, you refinance a rehabbed property after holding it & renting it out for 6 months, and showing the rental agreement with your tenant.

Now, can I do this step with STR like Airbnb instead of a long term tenant? If I can show a couple months of revenue from Airbnb, will I have success getting that property refinanced and pull some money out? The revenue will of course differ a lot month by month, so has anyone tried this, and what kind of issues did you run into?