Looking for advice .

[Cejay Capitly]

Hi guys!

I’m looking for some advice on what I should do. My wife and I live in Jasper, Ab and rent is pretty expensive out here. So were looking at possibly buying a condo here to build some equity instead of renting, but we also thought about investing in Calgary downtown condos and becoming Airbnb hosts.

Would it be a good idea to buy a condo first so that we can build equity into that property and apply for a HELOC to fund our STR in Calgary? Or should we just continue renting and then just buy our investment property?

Hope to hear from you guys soon!

Thanks,

Cejay