Is a Purdue college condo worth the risk for parents
A parent considers buying a three bedroom condo near Purdue for his son and two roommates. The plan uses an FHA loan and owner occupancy to secure financing. Potential profits from future sale depend on market shifts, resale value, and ongoing student demand, with risks from depreciation and selling costs.
MENTIONED IN THIS ARTICLE
Dick W
Purdue University
F.H.A
Cone
Purdue
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