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Updated over 3 years ago on . Most recent reply

User Stats

39
Posts
21
Votes
Josh Darley
  • Rental Property Investor
  • Chandler, AZ
21
Votes |
39
Posts

Buying an unwarrantable condo for buy/hold

Josh Darley
  • Rental Property Investor
  • Chandler, AZ
Posted

BP,

Does anyone have experience buying an non-warrantable condo as a buy and hold investment?  I've been looking for another property in the Phoenix area, and it seems everything at my price point comes up as non-warrantable condos.  I have found a lender that offers loans on these properties.  Aside from resale which I don't plan on doing for many years, what other aspects am I missing?

Thanks in advance.

Josh

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