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Updated over 13 years ago,
Looking for opinions.
I just graduated college and im planning on live and work abroad for the nxt 5-6 years.
I would like to purchase a small condo/apartment within the nxt 2 years (sooner the better) to rent out while im overseas.
I will be making around 2,000 a month with no rent.
Where im from decent - good condos/apartments cost around 60 - 90K.
I have good credit. I dont know much about buying a first time property and how much I need to put down and what price range I should aim for. Not really looking to make profit on rental but if I can that be great. Mainly just looking to build equity and investment options for me.
Any advice and suggestions will be much appreciated!