New Initiative Opens Door to Airbnb Refi Options

The rental industry is changing. In the last few years, Airbnb has become increasingly popular, especially among young travelers, as an alternative to pricy hotels and a shortage of short-term rentals in the market compared to traditional one-year leases.
Now, refinancing will become easier for Airbnb hosts who have struggled in the past. The company has announced it is pairing up with three lenders—Quicken Loans, Better Mortgage and Citizens Bank—to allow hosts who have rented out t