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- HUGE NEWS for arbitrage operators looking to scale and acquire real assets... #airbnb #shorts
HUGE NEWS for arbitrage operators looking to scale and acquire real assets... #airbnb #shorts
Summary
According to the video, Fannie Mae is loosening its debt rules, allowing investors to use rental arbitrage income from only one year to start buying multifamily properties with Fannie and Freddie loans. Investors will only need to put 5% down for buildings up to four units. Rental income from long-term rentals or Airbnbs can be used against DTI. Real estate agents who broker a deal can apply that closing to get into a property for 2-3% down.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM



