January 6

Airbnb Financing Options

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Airbnb Financing Options

In this episode of the Investor Financing Podcast, Beau talked about the best ways how to finance Airbnb, a property for business purposes, or a property as a second home.

Timestamps

[00:14] Ways to size up short-term rental properties for financing

[00:20] Occupying a property of at least 14 days in a year and buying it as a second home

[00:26] Check with a conventional lender on their guidelines

[00:38] Financing options if you are buying a property for business purposes

[01:01] Calculating based on long-term projections if the deal will qualify

[01:16] Projection-based DSCR loan

[01:40] Buying a previous vacation rental property

[02:13] Flex bridge loan or stabilized bridge loan

[02:36] No DSCR requirements; it’s an interest-only loan

[02:42] No prepayment penalty which allows you to season the property and refinance after 12 months or beyond

[03:26] Will it qualify from a long-term rental standpoint from a rental survey?

[03:59] Get a fix and flip loan for 12, 18, or 24 months

[04:30] Feel free to book a call at http://bookwithbeau.com/

If you'd like to ask me a question about real estate, do it here — https://investorfinancingpodcast.com/ask

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you – http://bookwithbeau.com/

💥 Thanks for watching 💥

#airbnb #airbnbfinancing #airbnbfinancingoptions


Tags

commercial loans, creative financing, hard money, real estate, real estate investing


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