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Arizona Real Estate Q&A Discussion Forum
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Updated almost 8 years ago,

User Stats

12
Posts
5
Votes
Joe Manfredi
  • Englishtown, NJ
5
Votes |
12
Posts

New potential investor, have been to Scottsdale, Sedona

Joe Manfredi
  • Englishtown, NJ
Posted

Hi all,

Not sure if this is a reality for me at this point but that's why I'm here.  My fiance and I are getting married next May (2018) and currently own a $240k condo since 2012 on a golf course in central New Jersey. We believe it is worth much more at this stage because a neighbor of ours just sold his for $280k after buying it for only $247k and he had NO upgrades.  We have full crown molding, fully upgraded kitchen and others!  Since she bought the condo would I still qualify for down payment assistance in Arizona?  We have been to AZ for family in 2014 and 2016 and absolutely love the weather, plus the property taxes are so much lower.  NJ is at least $5,000 a year in taxes while AZ is under $1,000.  I would like to own maybe a small unit just a start and rent it out to people so they can pay it off for me.  That's kind of all I know at this stage.  I'm a novice so please feel free to school me and ask me questions I am mature and expect to get criticized or even shut-down for my ideas.  I know it won't be easy and all that but I know it's possible with the right people helping and counselling me.  

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