The single biggest issue in my way currently is obtaining enough cash, whether it be my own, or through partnerships or family/friend-based lending (which I am very hesitant about to begin with as this could potentially strain relationships unnecessarily when money is involved).

I set an arbitrary goal of obtaining 10 reviews on Vrbo before incorporating Airbnb; however, this process took longer than anticipated, as only 77% of Vrbo guests left reviews.

Two, you'll have a much easier time obtaining a mortgage product if you have a track record of W2 income.In the meantime, continue implementing the strategies you mentioned: save religiously, build your credit, pay any existing debt owed, etc.

I would love to give you more insight, and I really think you should consider obtaining at least one co-living investment, especially because you are in Estes Park, Grant!

I’m a 41-year-old father of six who loves the Lord and is driven by a desire to build a better future for my family through real estate.I own a small tile installation business, am a certified insurance agent, and am currently in the process of obtaining my real estate license.

. § 2A:18-61.1(f) is an indefinite standard and difficult to measure.

This prevents evictions for non-payment of rent or a lawsuit for collection of unpaid rent for an indefinite, unspecified period.

@Heather Bailey When house hacking with a separate rental unit, ensure proper insurance by obtaining landlord or short-term rental coverage tailored for Airbnb activities, in addition to your primary residence policy.

Did you lie to the mortgage co and produce a “bogus” lease in order to obtain financing?  

If you do have enough other income then you dont even need to lease out this property to start your refinance.However if you dont have enough income to qualify with no rental income offset then yes you will need to obtain your lease(s) and security deposit + 1st months rents deposited before you can utilize 75% of this gross income - your monthly PITIA payment (in terms of qualification on this property refinance.So all in all Id make sure what your current debt to income position is first of all (DTI) and then strategize to see if you even need the leases at all.