Understanding The Ratio To Condo Owners Versus Condo Renters
Long Beach Island offers several different property styles for buyers and investors in the LBI real estate market. While single-family homes tend to be the most active area of home sales on Long Beach Island, there are some excellent opportunities to purchase condominiums. A condo in the LBI real estate market can take several forms ranging from small converted hotels to large side-by-side duplexes. When buying a condo in the LBI real estate market, it is important to understand the LBI real estate condo owner to investor ratio. This important number will help to determine what financing, if any, is available to complete the transaction.