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Updated over 4 years ago on . Most recent reply
What is the best town in NH to buy a lakefront rental property?
I live in MA and I am considering buying a lake property in NH. Ideally I would rent it out most of the busy season, but would take a week trip with my family as well. Also any strategies on how to buy it would be appreciated. Should I just buy as a vacation home to utilize the 10% down requirement? Or should I buy as an investment property?
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I am also looking for a vacation home on a lake. why NH? I am thinking Maine has lower property taxes?
As you go further north properties get less expensive. So i think the best town would be the one that is closest to you that you can afford and get what you want.