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Updated over 13 years ago, 05/30/2011
BULK CONDOS VS APT
I have an opportunity to buy 12 condos from a bank--the owner converted them into condos & tried to sell them, unsuccessfully-- they are in a predominantly rental area of DC, now the bank wants to unload them. I am having trouble evaluating them & want to know what the experienced folks out there think of condos, condo conversions & this type of deal.