Okay, I’m going to say something upbeat here. Larry O’Connor in my office sold a Beacon Hill condo. Don’t hold your chest and keel over — if that were the whole story, I wouldn’t be able to use this item for a Boston Real Estate Blog post. So you may have already guessed, there is more to this miracle historical event.
What makes this story interesting is that Lawrance’s client purchased a Beacon Hill condo for the purpose of renting it out. Guess what interest rate that this condo buyer was able to obtain? Are you ready — 2.75% for a seven year arm. The buyer put down 20% and will make a nice profit per month.
If you’d like to learn more about Boston condos as an investment, please give Lawrance O”Connor a call. You could be his second client — ever.
File Under: Good job Lawrance
