When it comes to getting an investment loan you can qualify based on your income or the properties rental income.

The one you are trying to cash out you should be bale to get a 30 year loan based on cash flow of the property.

I went straight to customer service and told them what was happening and what had happend.

Don't underestimate any of these variables in order to grow on AIRBNB- Research the market- Present the property attractively- Establish Clear Policies and Effective Communication- Keep the property clean- Know the local laws and regulations related to short term rentals.Remember that success on Airbnb is often based on attention to detail and providing guests with a positive and memorable experience.Did you find this information helpful? 

With I&P Payments x DSCR (1.25(what banks will loan at a minimum on usually)) and that will give you the minimum NOI the property will need to achieve for you to make a return based on basic lending rules.

"Maximum bid" is based on the value of the property, from comps or however you choose to derive that value.

You're the customer, so keep looking until you find someone who is willing to work the way you want to work. 

Interest rates are all based on the perceived risk of the deal. 

I know in New Orleans it was just kind of assumed that there was lead based paint on things. 

@Travis Schmidt, first I would carefully evaluate the repairs and the costs because that sounds like an EXTREME amount of damage based on those amounts.