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Updated over 2 years ago,

Luke Balchaitis's profile image
Luke Balchaitis's profile image
Luke Balchaitis
  • Member since Sep 5, 2022
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Luke Balchaitis's profile image
Luke Balchaitis's profile image
Luke Balchaitis
  • Member since Sep 5, 2022
Connect
Luke Balchaitis
2
Votes |
4
Posts
General Real Estate Investing

1st time investing guidance ...

Luke Balchaitis
Posted

Hello,

Currently in a single-family (150k left in mortgage) with current value of 500k. Thinking of selling and buying condo nearby for all cash 350-400k.

Then getting a new mortgage (50-75k down) for another 300k-350k unit nearby and renting it out.

Thoughts?

Who would you recommend reaching out to locally for suggestions/advice?

Real estate tax/accountant?

Boca/Palm Beach

Thank you

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