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Updated almost 8 years ago on . Most recent reply

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Sri Reddy
  • Mason, OH
0
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4
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Bought a Condo for Rental in Non-Rental Community

Sri Reddy
  • Mason, OH
Posted

Hi Experts,

First of all, Thanks in advance for reading my question and giving your valuable suggestion/guidance.

I bought a Condo Sheriff' foreclosure auction and planning to rent it to make some cash flow out of it. After the purchase, while going through HOA documents, i came to know that the HOA community doesn't allow rentals. While purchasing the property at sheriff's sale, i selected the option that says i will not be living in the property and planning to use the property for rental. what are my options now? can i override the HOA and rent it or i have to sell the condo and move on?

Thanks,

Sri.

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