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Updated over 3 years ago on . Most recent reply
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Buying an unwarrantable condo for buy/hold
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