posted by admin on May 20
I am living in the Northeast New England area and dreaming to own a vacation house near the beach. Given the current housing market condition in Florida, is it a good time to buy such a house in the daytona beach now? My budget is limitted to 60K. I don’t know much of Florida although I went to Orland in the March three years ago and like that place. I looked at the map and found the daytona beach is close to the highways and within the driving distance to the Disney world. Is it a viable idea to buy a house there, rent it out at most of times and have a vaction for a few weeks with family there?
All suggestions are very appreciated.
May 20th, 2010 at 9:28 pm
Do it only if you can afford it without any rental income.