The property is also near a university so I should not have a problem having it rented to that crowd for cashflow.Since the condo is non-warrantable, it will be harder to sell to the normal buyer.

Chris, I realize this post is sort of old so I'm not sure if you decided to take a leap into real estate investing with your downpayment, but a fairly safe investment you could try is near a local university or an out of state university.

I'm new to wholesaling but I'll give you a back story to allow you to kind of gauge my experience when responding.I graduated from the University of Nebraska Lincoln (GO BIG RED!)

Hello, My name is Josh Gatlin, I am a Junior studying Finance and Economics with a Real Estate focus at the University of Texas at Austin.

I graduated from The University of Houston a few years ago with a degree in Construction.

I graduated with a degree from University of Pittsburgh in Management, did the office thing for awhile and decided I needed a change of pace so....now I am a career firefighter in Frederick, Maryland and love what I do; unfortunately, it does not provide a long term wealth building path.

Its about 5 miles from both BYU and Utah Valley University Campuses, about 10 min drive to both campuses.

I became a millionaire at 35 and a deca millionaire 10-99m at 50Looking to connect with folks in the same boat.If you have achieved this level of success, let’s hear your story. My mission is to help 1000s of low inc...

I can say almost universally they believe it to be a good decision.

This is why I always use and strongly recommend using contractors that have the accreditation as a Certified 203k Contractor.