National Forest Ski Condo

[Michael Healy]

Investment Info:

Condo buy & hold investment.

Purchase price: $275,000
Cash invested: $10,000

This is a one bedroom condo that I started off living in and now long term rent. Will switch it to a STR when these great tenants decide to move out.

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

The property has floor to ceiling south facing windows that look right out over the national forest. The location has access to 7 of the top nations ski resort all within a 45 minute drive.

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

I am a real estate agent and had an agent present in my office.

How did you finance this deal?

5% down 30 year conventional loan.