Airbnb mortgages are a type of financing that is specifically designed for homeowners who are looking to use their property as a short-term rental on platforms like Airbnb, VRBO, etc.

Key Takeaways:

• combines the traditional 30-year fixed rate residential mortgage product with flexible and hassle-free underwriting
• quick and efficient 30-day closes and non-intrusive documentation requirements (no tax returns, no income verification).
• AirDNA Rentalizer qualification tool estimates rental income to be used in loan qualification.

Long term rental loans are a type of financing that is specifically designed for borrowers who are looking to purchase a property for the purpose of generating rental income. These loans can be used to finance the purchase of a wide range of rental properties, including houses, apartments, and commercial buildings.

Key Takeaways:

• Typically offer higher loan-to-value ratios than traditional mortgages. 
• Borrowers can often finance a larger portion of the purchase price of the property with a long term rental loan, which can be especially helpful for those who are looking to purchase a property with a high value.

A debt service coverage ratio mortgage, known as "DSCR Mortgage", is the ratio of operating income available to debt servicing for interest, principal, and lease payments. It is a popular benchmark used in the measurement of an individual’s ability to produce enough cash to cover its debt payments.

Key Takeaways:

• Just Use Rental Income to Qualify
• Never show tax returns
• Purchase or Cash-Out
• Unlimited Properties
• Irrevocable Trust
• Fund Into Corporation or LLC
• No Pre-Pay Options
• Long Term Rental
• Short Term Rental
• 1-50 Units

Fix & Flip loans are asset-based financings that allow the homeowner to access equity without using credit scores or income. The homebuyer can skip the bank appraisal process, avoid tax implications, and close in as little as 24 hours.

Key Takeaways:

• As home prices rise, investors are excited to jump into the housing market. 
• For those not looking to buy a home and make it their primary residence, Fix & Flip loans provide a great alternative to bank-owned properties. 
• Fix & Flip loans allow homeowners to access equity without using credit scores or income.

Hard money loans are a type of financing that is typically used by real estate investors to purchase, renovate, and flip properties. These loans, which are also known as private money loans, are provided by private lenders, rather than by traditional banks or other financial institutions.

Key Takeaways:

• One of the key features of hard money loans is that they are typically easier to qualify for than traditional mortgages. 
• This is because the loan is secured by the value of the property, rather than by the borrower's personal credit history.
• As a result, borrowers who may not qualify for a traditional mortgage due to factors such as a low credit score or high debt-to-income ratio may still be able to obtain a hard money loan.