@Ahmed MoustafaThe general Fannie Mae guidelines you mentioned are for non-renovation loans. 

I am working with a nonprofit organization that will be using this home for a program that is geared strictly to homeless veterans to find them suitable housing and assistance with finding jobs.

As others have said, conventional investment loans are an option, as well as DSCR loans.

That being said, most originators are hit with a clawback penalty if you payoff your loan within 6-9 months, meaning that the originator has to repay all commissions and fees to the buyer of the loan if you payoff the loan within that period.

Hey @Robert Carmody, we are only on AirBNB and VRBO and they work just fine.I have been reluctant to do a Booking.com listing due to the negative reviews I have heard from other hosts.Booking.com was geared towards hotel stays, which means your STR gets treated like a hotel room.

At the time my only issue was their loans appear to be backed by wall st.. so the closing docs were enough to kill not one but two trees and took way more time to sign the  whole package then I like to spend signing closing docs :)  But thier fee's and rates are hard to beat. 

So the loan for the rental shows as a debt but the income is not reported to the bank where we are trying to get the new loan.

Always better to do each loan solo.

Hello,Does anyone have recent experience working with The Loan House in Tennessee?

Hey Phil, I remember that jittery mix of excitement and nerves when I decided to step up from the smaller stuff.. it can feel like you’re eyeing a big mountain and wondering if you’ve packed the right gear.