Not a passive businessCan be harder to finance since it’s a non traditional type of real estate.

The sellers agent has indicated that seller financing may be an option with a balloon at the end of a 3 year period which would require getting traditional financing and paying the seller back. 

This situation is gonna be much more casual and less corporate than a traditional landlord tenant relationship.

It will be interesting to see how this will effect the traditional market. 

In this scenario, it could look like no money down to you even though your partner is investing a regular down payment and there is traditional financing involved.

It is a VA loan, which I read is more often assumable than a traditional loan, but as far as my specific case, I don't know. 

From what I've read and through my brief interaction with a lender, the rentals need to be traditional and I need to provide a copy of the lease.I know Quicken Loans allows refinancing through Airbnb income alone but is the rest of the industry just too far behind?

call your all your credit card companies and see if you qualify for a 24 or 18 month same as cash balance roll over, then pay the balance transfer fee and roll it over to buy time to seek traditional financing.

I copied this from a search on real estate ROE:Return on Equity (ROE) ratio calculates the amount of return generated in a particular year on the total amount of equity invested (or trapped) in a property.The amount invested (or denominator) is calculated as the initial investment (down payment) plus the entire increase in net property’s appreciation and the entire decrease in outstanding loan balance incurred prior to the year the ratio is being calculated.Cash-on-Cash Return is a similar calculation, but since the two draw backs of the traditional Cash-on-Cash Return are that property appreciation and principal debt payments are not factored into the formula, Return on Equity adds these two components to the traditional Cash-on-Cash Return calculation.A property’s net equity increase is calculated by determining what the “Net Sale Proceeds after Taxes” would be at the beginning of a year, and then again at the end of the year.

I plan to get the new mortgage under my name, but keep my father on the title for the time being so there is no mess around me only being on the title for less than 6 months (We just processed the Quit Claim Deed last month, April 2018).Question:After talking to a couple different lenders and explaining my situation, I am between two thoughts.1) Go with a traditional cash out refinance.