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Updated over 6 years ago, 07/15/2018

User Stats

32
Posts
12
Votes
Juan Bravo
  • Rental Property Investor
  • Arecibo, PR
12
Votes |
32
Posts

Buying a vacation rental in Puerto Rico for appraised value

Juan Bravo
  • Rental Property Investor
  • Arecibo, PR
Posted

Hello BP members,

Trying to get some advice on a vacation property for the Isabela, Puerto Rico area that is being offered to me at appraissal value. This property is 3 mins from the beach (15mins from airport) and has 2 separate houses in 1 with big lot and pool which I can VRBO and/ or BRnB. Nonetheless, it makes me uneasy to buy it (with Puerto Rico's economic crisis) at appraisal value. What do you think?

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