Article on short term rentals and refinancing

Started by SheliaH • 1 replies • 163 views

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SheliaH (Indiana)
Posts: 6,964

Posted:

For those on both sides of the joy and pain of short term rentals, along comes another set of issues to consider - how will this affect your ability to refinance your home? Enjoy!

https://consumerist.com/2016/08/30/airbnb-hosts-having-difficulty-refinancing-homes/index.html

If it is not right do not do it; if it is not true do not say it. Marcus Aurelius

MaxB4
Posts: 3,513

Posted:

No problem, the home will be considered an investment property and will carry higher interest. Sorry, can't always have your cake and eat it too.

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