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Question:

Quick real estate question ill give 10ts?

I'm 21 i have $600,000 i'm looking to invest asap!. I want to buy my Lamborghini lol!.Is there anyway i can invest my money in real estate asap if so how?

Answer:

You need to slow down and learn before you make serious mistakes. Start with one property purchase, then add more slowly. Find a good real estate agent and always work through that person.
If you hav'nt already, get the compariables for the condo. (like sold for the past 90 days) and find out what the market vlaue is (what other people have paid for a similiar condo) . Maybe the price is inflated or maybe it is a great deal at $270,000. Ask for the mortgage details and see at what price the seller can close at. if they owe $250,000 why waste everyones time. You really should knlow what the place is worth before you put in an offer.

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