Should You Buy a Condo or Townhouse as an Investment?
Posted by Mellanda Reese on Friday, February 10, 2023 at 8:00:28 AM By Mellanda Reese / February 10, 2023 Comment
If you're thinking about buying an investment property and you're thinking about buying a condo or townhome, that may not be a great idea.
Condos and townhomes generally have HOA fees. Those fees will eat into your profits. Not only that, a lot of those HOA's also have rental restrictions.
So even though you're able to rent it out today, there's a chance that the bylaws and things could change. And then you can have problems renting it out later.
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