Home Buying in Orlando>Question Details

Kingsley, Home Buyer in Outside U.S.

Interested in buying (cash) 1 or 2 bd condo for investment, in Orlando, FL. Is it possible to achieve this under 40k. Any nice rentable community.?

Asked by Kingsley, Outside U.S. Sun Jun 30, 2013

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9
$40k will not buy you a good rental in a good neighborhood. To get something decent in a good rental neighborhood would take at least $100k. Even then, you might need to make repairs-updates to the property. If you are looking to make your purchase on-line, I would suggest you work with a realtor versus buying on your own. I hope this helps!
0 votes Thank Flag Link Mon Jul 1, 2013
No, it is not possible to find a "nice" rentable community for under $40,000. Sorry, but you are at least 2 years too late. That's not to say that stuff under $40k does not exist. But do make sure you come and see it in person before you buy.
0 votes Thank Flag Link Mon Jul 1, 2013
To get everything currenty active right from the Realtor MLS...click on my link below.

Jeffrey Brown

Realtor

Infinity Real Estate Group

"Your friend and Realtor for generations"

jbrown32825@yahoo.com

Cell: 407-219-6866

http://jeffreybrown.favoritebroker.com/
0 votes Thank Flag Link Sun Jun 30, 2013
Yes it is possible to locate a condo for this amount. Please contact me directly and I will be more than happy to provide you a list of condos that are available now in the Orlando area.

Thanks.

Helen M. Weaver


Realtor


Watson Realty Corp.


1950 E. Irlo Bronson Memorial Hwy


Kissimmee, FL 34744


Email: hmweaver@watsonrealtycorp.com


407 202 6944 - Cell


407 847 4781 - Office


407 847 5419 - Fax
0 votes Thank Flag Link Sun Jun 30, 2013
Hi Kingsley,

It is possible depending on your expectations and how patient you are willing to be. I have worked with buyers in this price range and they have been successful in securing properties. Prices are increasing rapidly so this is becoming a harder feat. Best wishes!
0 votes Thank Flag Link Sun Jun 30, 2013
It's not IMPOSSIBLE, but it's not going to be an easy task. It's probably not going to be a desirable community either...
0 votes Thank Flag Link Sun Jun 30, 2013
Kingsley,

I work with investors inside and outside the states, on a daily basis, check my reviews. GO with a PRO!

Send me a email, I will get it done,

Vincent Paige |REALTOR® | RE/MAX Showcase
Certified Broker Price Opinion Registered Agent (BPOR)
Florida Military Specialist (FMS)
8934 Conroy Windermere Road | Orlando, FL 32835
Direct: 407.256.8190 | Fax: 407.264.8073
E-mail: vince@thepremiumproperties.com
0 votes Thank Flag Link Sun Jun 30, 2013
Here is a link to what is on the market at this time

http://mfr.fusionmls.com/DotNet/Pub/EmailView.aspx?r=1723620…
0 votes Thank Flag Link Sun Jun 30, 2013
It is possible if you look hard enough...the market has changed, but do-able. Call me if you would like my help.
Jeffrey Brown

Realtor

Infinity Real Estate Group

"Your friend and Realtor for generations"

jbrown32825@yahoo.com

Cell: 407-219-6866

http://jeffreybrown.favoritebroker.com/
0 votes Thank Flag Link Sun Jun 30, 2013
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