Hello: Interested in Jacksonville Beach

[Lauren Furey]

Hi Bigger Pockets Community, excited to be here!

We are currently renting on the east coast in a high cost of living area (Bergen County, NJ). Although our expenses are high, so is our income. We are able to save about 50% of our take home pay. 

Our current plan is to buy a condo in Jacksonville Beach as first time home buyers and use a PM company to manage and rent it out from a distance. We would like to end up in Jacksonville Beach in a couple years and possibly move into the condo or get another place and continue REI.

We have toyed with the idea of saving longer and buying the condo with cash or just getting a mortgage now while deals and interest rates are good. 

I'm here to learn as much as possible and I'm excited to see how the knowledge Bigger Pockets provides influences and improves our plan.