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Generate Massive Wealth in Fayetteville, AR Through Airbnb or Short-Term Rental Property Investing
What is an Airbnb Loan?
An Airbnb loan is a type of financing used to purchase a property for the purpose of being used as an Airbnb or short-term vacation rental. These types of loans typically require at least a minimum 15% down payment to purchase a property. As a leading lender in the country, we specialize in Airbnb loans and our expert staff can provide you with the details and benefits of investing in a short-term vacation rental. Our CEO, Brian Decker personally owns a large number of vacation rentals and is a great resource.
We can help you get the financing needed to purchase your Airbnb rental in Fayetteville, AR. There are many options for purchasing your Fayetteville Airbnb such as a home equity line of credit or a refinance with cash out from your primary home’s equity. Recently many homeowners secured a low-interest rate so if refinancing your primary home is not a good option, a home equity line of credit (a second mortgage) can be a good alternative. Start your application for a home equity line of credit (HELOC) today! The application process is simple and we’re here to assist if you need help. To help you meet your down payment needs, you can obtain a line of credit for up to 80% of the value of your current home. For example, if your primary home is worth $600,000 and you only owe $350,000, you can potentially qualify for a $130,000 equity line. If a HELOC is not an option for you there are additional options such as 401k, savings, stocks, cryptocurrency or RSUs.
Obtaining financing for an investment property in Fayetteville, AR can require the following:
We will provide a detailed AirBNB market analysis of Fayetteville, AR for any borrower that is pre-approved by Modern Lending for an investment property purchase. This will include the following:
Learn how to secure your first Airbnb loan in Fayetteville, AR by downloading CEO Brian Decker’s PDF tutorial today!
If you're interested in financing a second home, a short-term rental or Airbnb please click the link below to start your journey today!