http://www.trulia.com/voices/Home_Buying/Hi_I_have_K_to_spend_for_investment_property_in_-123589investment - to buy a condo for 50,000-60,000 without mortgage and rent it out or buy condo for 90,000-100,00 and take a mortgage? Will it be possible with mortgage payments to rent it out and not to pay from my poket???en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-Miami_Beach_FL-198754/http://www.trulia.com/voices/profile/Real_Estate_Pro-Miami_Beach_FL-198754/Hi Anna, The first question is have you located the condos? I do not see any condos in Aventura or Sunny Isles for 50-60k, I work this location. I know for 90-150k you can purchase in this area. With a small mortgage payment and after paying the maintenance and taxes you will probably break even. You will probably be holding it for at least 5 years, and are looking at an incease int he property value rather thatn making money off of the rental income. I woul be glad to help, and my companies web-site will be a good guide for condo pricing. All the best, Beth Jenkins South Flrida Brokers 786-374-4778Wed, 13 May 2009 10:08:06 -0700