One of the things that’s so interesting about modern technology and business is that most of it is brand new. There’s no blueprint for things like ecommerce, social media, mobile banking, etc. With each new brilliant invention or idea, there’s always a hang up/problem that was neither thought of nor predicted. Airbnb homeowners are now finding this out.
Airbnd homeowners have unknowingly put themselves in a situation where refinancing without increasing rates is almost impossible. Here’s why: