If the project does not have a sinking fund when it comes on line expect special assessments later and problems when you go to resell.Conclusion: I can talk for quite a while on off-plan pros and cons.

Feel free to DM me to stay in touch with your progress and journey. 

With leverage comes higher risk and potentially higher reward ... an experienced Real Estate Investor can assess and manage the risk, but as a newbie I'd err on the side of putting more down (as much as you can afford).

It's either filling up and making progress or its evaporating and will eventually die.

You can look up your school and property millage rates to get an accurate assessment of taxes.

Overall, a lot of investors avoid condos due to the HOAs and potential special assessments.

Have a possible wholesale deal and need help with evaluating repairs and what to offer seller.House was built in 20024 Beds, 3 Baths 2,300 sq feet6100 sq ft lotComps around $350k Outdated with wood floors, gold fixtur...

However, you must make sure that prior to doing this you have followed the various bylaws & covenants for your organization regarding proper billing and notification of past due assessments.

(as someone who just turned 22 that’s insane progress for me) I thought that’s one of the issues i would run into being self employed and just starting out.

Great resource by the way - every property you check out go to CookViewer.com to get assessed value (to estimate taxes), land sf, age, # of units, sometimes building sf.