Quote from @Frank Pyle: My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental.

@Andrew Slezak we're pretty aggressive about rent increases for our clients, but some of them won't approve us to pursue.So, don't automatically blame the PMC!

I'm happy to connect you with the lenders our clients work with for this strategy in the Austin area.

I will keep you in mind for any clients or myself! 

One of my clients had a $1M deal under contract where they needed to do a $300k raise. 

Please let me know your thoughts… or if I am way off base on what you were trying to accomplish.

A lot of my out of state real estate clients really like this market because the macroeconomics look so good for this market - population is growing, job growth is growing, and so many companies moving and developing here.

Like you, when I'm working with clients I highlight the key advantages of the conventional rehab loans (Fannie Mae's Homestyle and Freddie Mac's CHOICERenovation) are:- They can be used for investment properties- You can include luxury items- They have a higher limit – $806,500 in most places.Jeff

@Van Lam I had a client just run into this recently.  

And, even if he has real estate clients, doing a tax return doesn't really educate one.