The Riverwalk at Loon Mountain

[Timothy Walsh]

Investment Info:

Other other investment.

Purchase price: $127,000
Cash invested: $30,000

fractional condo at a luxury destination condo building.

What made you interested in investing in this type of deal?

ability to own for life and bring our family and friends here for years to come. There are lots of amenities and local attractions. It's close to home (2 hours drive) and has things to do in all 4 seasons

How did you find this deal and how did you negotiate it?

We stayed there as a guest. There was no negotiation, it was a fixed price.

How did you finance this deal?

conventional 30 year loan through a local bank that is exclusive to the resort

How did you add value to the deal?

none

What was the outcome?

We still own it!