Hi All,
I'm looking at a potential vacation house/airbnb (would rent it out 8-10 weeks out of the year). Which mortgage product would be best. Ideally looking for somewhere with a 3 year I/O period then amortizing period. Don't love the floating to fixed, as would rather lock in even though i could refinance if rates go lower. Does anyone have a view on housing rates and the housing market for Hamptons/North Fork? I want the 3 years of flexibility to see what actual operating expenses would be and cushion would be appreciated. Also expecting a promotion next year, and would want to save a bit of the cash flow until then. Regardless I could afford the house now, just want to structure.
Ea excepturi soluta voluptatum molestiae corrupti vitae. Minima quam quas quis beatae soluta.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...