Second-home owners who want to rent out their properties will breath a sigh of relief, and perhaps make a bit of cash. A newly rewritten document from Fannie Mae suggests homeowners and lenders may have been misinterpreting rules around rentals of second homes since 2001. Fannie Mae’s April 3 clarification of the “Second-Home Rider” shows that homeowners are allowed to rent out a second home after one year of ownership, and that short-term renting during […]
source https://therealdeal.com/2019/04/19/fannie-mae-issues-ruling-on-renting-newly-purchased-second-homes-on-airbnb/
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