Thread: Buying a Condo?
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Old 09-21-2005, 08:24 PM
arod15 arod15 is offline
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Join Date: Apr 2005
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Default Re: Buying a Condo?

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Here is deal. I been searching for some real estate. I found a 2 bedroom 2 bath Condo. 23 minutes from NYC. The positvies it is close to NYC 10 minutes from the train 3 minutes from the center of town. Also the state has granted a huge amount of money to build 22 new schools and lowered the tax to business to build the area. My questing is. Is it worth buying a condo in a good area of an up and coming town. Keep in mind that Condos are very common investment in the NYC area

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no offense but live where youll be most happy instead of trying to save a buck or make a buck.

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No offense but this is clearly shortsighted view. If you want to make money long turn a mortgage backed asset will have to be in your portfolio. Perhaps im too money hungry.
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