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Updated about 2 hours ago on . Most recent reply

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12
Posts
4
Votes
Cyndi Lees
  • Santa Barbara, CA
4
Votes |
12
Posts

Don't know what to do with an inherited property.

Cyndi Lees
  • Santa Barbara, CA
Posted

Hello all,

I inherited a house in Phoenix last October. It's worth about $350,000 and no liens.

I was thinking about making it a midterm rental or a short-term rental but it would require quite a bit of work and would require getting a home equity loan.

Also considering selling and buying a turnkey str.

I do plan on leaving the country and I'm not sure where I'll end up.

Would love to hear the pros and cons from all you professionals.

Thank you,

Cyndi

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