The Three Myths of Condo Investing
We are currently preparing to review some prime developments in the city, which we will publish in the next few days, mean time we found this excellent article in Money magazine (under CNN.com) that tackles the “The three myths of condo investing“.
According to the article, the three myths to avoid are:
- MYTH 1: Get in early and you’ll be guaranteed a profit.
- MYTH 2: Creative mortgages lower your payments and guarantee positive cash flow.
- MYTH 3: You should buy in your backyard, where you know the landscape.
For the full article, check it out here…
