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Buying & Selling Real Estate

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Jason Kim
  • Real Estate Agent
  • Los Angeles, CA
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69
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Would you invest REO or SS condo?

Jason Kim
  • Real Estate Agent
  • Los Angeles, CA
Posted Apr 17 2010, 15:01

I'm considering to buy& hold on condo(2bed,2bath)FMV@135k for 100k or less with 10% down. If i can find a property at a good rental location and for a good price, i thought it would be a good investment after a long hold for at least 7yrs and sell it for a good profit.
Before making a move i need some opinions to see if investing on a condo a good move. Since i don't have to do anything to the property except little interior works after the lease expires or should i be investing on SFH rather or a duplex apt building at a lower income area with that money?
These are some choices i have in mind but if there's any better suggestions please lay them out. - Thanks in advance! -

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