BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Vacation Home Classification
Currently my primary residence is in League City, TX and I have a property under contract (hard money) in Galveston , TX (27 miles away). I plan to rehab it and Airbnb it most of the year but also plan to stay in it whenever we visit Galveston (several times a year). Could I get this home refinanced as a vacation home? I've read that some lenders have a 50 mile distance minimum from the primary residence to be considered a vacation home. Your input is appreciated. Thank you.