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Updated over 4 years ago,
House Hacking in Austin Texas
Hi everyone :)
This is my first post on BiggerPockets, and I'm very excited to be here!
My name is Jack, and my wife and I are currently living in Israel.
We are planning to move to Austin Texas by the end of this year / beginning of next year. I would like to share a few things on my mind and hope to get some feedback or better to connect with you, and grow my network.
1. Should we move to Austin with a job or without? Obviously with a job is the better option, but landing a job nowadays is harder, and it might take longer than we could hope. We are currently working in Israel, and are able to save money for our downpayment and we don't want to move to Austin using up our savings, not having a job yet.
2. We don't have credit score. Will is be difficult for us to get a loan? Is there a way we can use our Israeli financial credibility to get a loan? If not, how long could it take us to build up some good credit, to lock a loan at a good rate.
3. We want to buy a duplex, and house hack a unit, and rent the other. I'm not sure about good locations we can find one, since there aren't much properties like this that are available to me on Zillow, Realtor, Trulia. What are good locations that are relatively close to the centre (since we'd probably be working there, and also our tenant).What are good areas we should look at? Any recommendations?
I'd appreciate any feedback.
Have a great week!