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Updated about 9 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Nor cal
  • Member since May 1, 2013
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Nor cal
  • Member since May 1, 2013
Connect
Account Closed
  • Nor cal
2
Votes |
31
Posts
Buying & Selling Real Estate

Question: Rental Ratio @ 57% HOA

Account Closed
  • Nor cal
Posted

Hi Fellow BP members,

I currently own a couple single family homes but currently exploring condos.

I saw a property that I like and requested some info on it. The agent replied to me and said that there are no rental restrictions but they are planing on having a rental ration @ 57% HOA. Does this mean only 57% of the homes can be rentals? If so, what happens if it is at cap? What exactly does this mean? Thank you!!

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