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Updated almost 5 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Regina Panga
  • Rental Property Investor
  • California, CA
2
Votes |
3
Posts

Buying condo as my first property

Regina Panga
  • Rental Property Investor
  • California, CA
Posted

I found my newest property

HOA is 350,the price is short sale

Is there a calculator to check if it's a good deal

Most Popular Reply

User Stats

2,105
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1,150
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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
1,150
Votes |
2,105
Posts
Alex Olson
  • Real Estate Broker
  • Kansas City Metro
Replied

@Regina Panga What market are you looking in? In my experience a condo purchase is rarely a good deal. They HOA could change at any moment, rules could force you out as a landlord, the HOA could go bankrupt, appreciation is much slow if at all and they take longer to sell. I hope this helps!

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