Chris, thank you for reaching out. We are looking at a three bedroom lockout at the royale palms at Kingston plantation. The condos appear to have good rental income. It sounds like they require 20% down. Based on the numbers I see, it looks like I would only build equity. Do you recommend royale palms? I am 33 and I would have it paid in full by the time I retire. What are your thoughts? I like this because of the water park for kids. We looked at dunes village resort, but there is no comparison in quality of the units.
Hello @Josh Smith I agree, you best bang for the buck will be with an upper end quality condo such as Royale Palms. Down payments however, are usually 25-30% depending on the project and lender you are working with. Are you working with a local lender that understands our market?