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Updated almost 7 years ago,

Ashley Lewis's profile image
Ashley Lewis's profile image
Ashley Lewis
  • Rental Property Investor
  • from Jacksonville, FL
  • Member since Feb 12, 2018
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User Stats

16
Posts
1
Votes
Ashley Lewis's profile image
Ashley Lewis's profile image
Ashley Lewis
  • Rental Property Investor
  • from Jacksonville, FL
  • Member since Feb 12, 2018
Connect
Ashley Lewis
  • Rental Property Investor
  • Jacksonville, FL
1
Votes |
16
Posts
Buying & Selling Real Estate

Condo as investment?

Ashley Lewis
  • Rental Property Investor
  • Jacksonville, FL
Posted

I have found a 2/2 condo listed for 65,000 which I was thinking of offering 50k. The payment should be around $360/month (10k down) plus $116 in HOA fees. There is a similar unit for rent now for $800/month. This would be my first deal. Is there anything I should be wary of with condo deals as investments? Or anything else that doesn't look right here?

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