Renting Out Home to Create Income History & Build Rentals

[Nathanael Isaac LaCorte]

Hello Friends,

I am toying with the idea of renting out my home for a year, either as a traditional rental or an Airbnb. During that year, I would live in an apartment. The goal being to create income history so that I can qualify for a loan to buy a second home. I would likely live in that second home and continue to rent out my original home.

Has anyone done anything similar? I am trying to get creative but am unsure if a lender would look favorably on this.

Thanks!