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How to Buy a Manhattan New York Condo (Part II) as First Time Investors
Learn How to Buy a Manhattan New York Condo as first time investor. We are Manhattan Condo Specialists, we help finding suitable condos for first time investors, first time home buyers, parent buying for children and foreigner buying in Manhattan New York. We know the market but we also understand the specific needs of each type of buyers. This blog we will discuss how to buy as first time investors, In Part I we discussed the needs of first time home buyer.
Buying a Manhattan New York Condo as first time investor you should have a clear goal of what you plan to achieve in this investment. Is this a 5 year Real Estate plan or 10 year Real Estate plan? Why do you feel is the time to invest? Are you going to have a tenant in place the entire duration or only part of the time. Have you discuss this with your accountant to understand how to structure this transaction to recieve the most tax benefits or possible tax complications?
Buying a Manhattan New York Condo as first time investor, you should 'play it safe', do not over leverage yourself. If you are planning to buy the condo all ... more

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