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Updated about 8 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Erick Panger
  • Cherry Hill, NJ
2
Votes |
3
Posts

Lake Worth area Condo I just inherited

Erick Panger
  • Cherry Hill, NJ
Posted

first floor of a two story block building, I think 16 units per building if I remember right. Right across a road from Lake Osborne. 2 bed 1 bath small little thing. Maybe 1000 Sf. Tile Floor.

I own it free and clear other than the $235 condo fees. It's a 55+ community

I live in NJ don't know the area all that well. 

Worth keeping and renting out. For that matter are there opportunities in that area. I need more of a reason to be in Florida. 

I know Condos have fees and big maintenence things that come up so not ideal.

Would I be able to get a loan on this to get the cash out of it if I do keep and rent

Thanks

Erick 

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