Long story short, have a property in Cedar Park I bought in 2011 on an FHA loan. Owe about 90K, value is at about 450k. Wife is going to be doing some work at ACU so will be telecommuting between my job and Abilene.
Going to be using equity to get an investment, temp home in Abilene.
Question is, should i do a standard lease or an temp/Airbnb. Area rents at about 67%, and the demand is fairly high. Have a few on my street and they're all ways booked. Thoughts?
Airbnb piece gives us some options around loans as we can roll it into a vacation property, and use it if needed.
Looking to buy some property in Tuscola and just telecommute a few days a week. Kids are involved so they'll be going to Abilene Wylie.
Going to be using equity to get an investment, temp home in Abilene.
Question is, should i do a standard lease or an temp/Airbnb. Area rents at about 67%, and the demand is fairly high. Have a few on my street and they're all ways booked. Thoughts?
Airbnb piece gives us some options around loans as we can roll it into a vacation property, and use it if needed.
Looking to buy some property in Tuscola and just telecommute a few days a week. Kids are involved so they'll be going to Abilene Wylie.