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Updated over 5 years ago,

Jake S.'s profile image
Jake S.'s profile image
Jake S.
  • Rental Property Investor
  • from Minnesota
  • Member since Nov 9, 2017
Connect

User Stats

863
Posts
554
Votes
Jake S.'s profile image
Jake S.'s profile image
Jake S.
  • Rental Property Investor
  • from Minnesota
  • Member since Nov 9, 2017
Connect
Jake S.
  • Rental Property Investor
  • Minnesota
554
Votes |
863
Posts
Multi-Family and Apartment Investing

Condo Complex under contract with HOA?

Jake S.
  • Rental Property Investor
  • Minnesota
Posted

Hey everyone,

I have a Condo complex under contract (18 of 24 existing units) that would give me 75% ownership of the current HOA. Eventually I would like to buy the other 6 units up, of which each are owned individually.

I have experience with Apartment complexes, but have never been in this type of scenario with 75% ownership of an existing HOA.

Can someone help explain this to me?

Thank you!

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