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Updated over 11 years ago,

User Stats

1,451
Posts
462
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Sam Leon
  • Investor
  • Fort Lauderdale, FL
462
Votes |
1,451
Posts

Rent Restricted Properties

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted

Looking at some properties in a community that does not allow rental during the first year.

That basically makes it a buy/flip. I prefer to buy and hold to rent.

Any creative ideas on any way to avoid the property from sitting idle?

If it's a short sale, would renting back to the seller - basically allowing them to stay beyond the sale date be "within the rules"?

I am pretty sure the answer is no...I just wanted to make sure.

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