Why banks hate your “Airbnb” multifamily deal – StackSource blog
[{"id": "eaimis0", "text": "Sounds like Airbnb needs to enter the banking business", "replies": [{"id": "eaisq4w", "text": "They already have...kind of. They finance upgrades and what not already for hosts. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "eainac5", "text": "In addition to concerns about the natural cash flow volatility associated with regular guest turnover, lenders also worry about the volatile regulatory environment around short-term rentals that vary from city-to-city. It can be hard to tell if an Airbnb operating in your collateral is even legal.", "replies": [], "depth": 1}, {"id": "eaj01j5", "text": "oh my god, people are trying to do this?  Sounds like an awful idea.  ", "replies": [{"id": "ealt0yx", "text": "Yeah we are a financing platform and have received requests for finding on these enough times for me to write about it.", "replies": [{"id": "eama18f", "text": "Ate you funding them?  Sounds like a lot of risk. ", "replies": [{"id": "eamwakl", "text": "No - we're a platform, not a direct lender, but no, our lending partners are not keen on this.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]