First time Home buyer Pembroke Pines, FL
My fiance and I are looking to buy a house in Pembroke Pines FL. We are planning on living in it for a few years and then renting it out. I was curious if anyone could offer any advice or recommendations on houses in Pembroke Pines. The houses we are looking at are in Pembroke Pines near the Pembroke lakes square. One of the houses has the original roof (1990s) while other roofs are more updated. Most are a 2 bed 2 bath around $420,000 and a little less than 1,600 sq feet. Little less than $300 HOA. What are some questions we should be asking when shopping around ?
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#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- MD
Since you're planning to turn it into a rental later, I'd look beyond whether it's a home you like today and ask whether it will still make sense as an investment in a few years. I'd pay close attention to the age of major systems like the roof, HVAC, and plumbing, understand what the HOA allows for rentals, and compare realistic rental income against your expected carrying costs. A home that's easy to live in now and still works financially as a future rental can give you a lot more flexibility down the road.