What area specifically? What does your gut tell you? I personally wouldn’t.
I would. Maybe 2 even. It’s a steal for the location. With the employers bursting in for Seattle market, it’s very wise to invest in real estate within 30 mins driving from the heart of Seattle
There’s nothing worth living in for less than that so if you want to own a home it’s one of the only options unfortunately without going too far out of the city.
Depends... You have to weigh property taxes, HOA fees, maintenance costs, liquidity of funds, versus rent.
That’s a lot of townhouses.
Nope, never makes sense to buy a condo
Instead buy in Bothell, Lynnwood etc... for $600K individual homes which pretty much JS no lawn 😎. I have seen few
I bought one two years ago. Didn’t make money on it but seems it can rent quite easily. Hope once the house market gets better we can make some money from it.
If you need housing market to get better from current red hot situation to see profit, then it is not looking well for future.
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Are you paying in full or are you financing the property?
Area? How long are you planning to stay there? Do/will you have kids? How's the school district? HOA? I have a townhouse in Seattle. Plan to stay here for 5-10 years. Will relocate when I have kids and need a good school district. Will rent or sell at that point. Depending on how the housing market is. I financed my property.