Asked by Mari220, South Florida, FL • Fri Jan 21, 2011
At first I was looking only for single family home, but I will now consider condo with LOW HOA fees. HOA's are a nightmare and I rather not deal with them. I was going to invest in Florida but because I live in California I am trying to find some deals here, plus it would be easier to manage. I was willing to put down 80k and possibly take out a loan for a condo around 200k in the Sherman Oaks, Valley Village, Studio City, Noho area. I'm spending 1680 on rent now, so it would of course make sense to buy a 2bdrm, get a roomate and make my money work for me a bit. I have a feeling prices are still dropping in California, what do you guys think?
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