My Airbnb #IS INCOME

That is right! Your Airbnb will now become considered as YOUR BUSINESS! Looking to refinance and your debt to income fell short? Fannie Mae has NOW ANNOUNCED it will invest time to venture with Airbnb!

What does that mean? Fannie Mae has approved a pilot program to allow income from short-term rentals through Airbnb to help homeowners qualify for a refinance.

"New, innovative ways to expand the availability of affordable mortgage credit" -Airbnb.

Did you know? There was substantial increase in home prices followed by a 10% increase in Airbnb listings. Why is this valuable? There was also increased rent in these same homes providing more income. This solves the answer for empty nesters with extra room yet a debt to income factor that has them unaligned to get a lower rate. And this gives them more room to wiggle with a higher appraisal.

"Getting paid by tenants are the biggest challenge and headache for landlords." -B.Clark

The problem is SOLVED! MAKE IT AN AIRBNB! And if that is convincing ....Second, renting long-term will allow you to not worry about the complicated laws and taxes related to short-term rentals. Third, since your long-term Guests (or let's call them tenants) will pay you through Airbnb, you are assured that the rent will always be paid in full and on time. We know if they start with short-term rentals it WILL take over the industry in long-term rentals. May way the wave of the future of investments is coming through!!!

PAY THE COMMISSION AND SOLVE THE HEADACHE!

(FYI...FEES ARE CHEAPER THEN EVICTIONS AND TURNOVER)