what is a condo-tele?

Question

Me and my partner Been looking to purchase a vacation rental property and the term Condo-tele has come up. Doesn’t pop up on google. Anyone know what this term

Means? And what separates it from a normal Condominium? Any positive/negatives u can provide would be helpful.

Brenda Logan · Answer

We just closed on a Condo in Galveston on Friday.  I understood it to mean pretty much what is wrote above but my lender said she couldn't lend on it so I asked if we could do a re-fi on a SFR that we own and that's how we ended up doing it.  In the long run it was better this way for us having the condo paid off because of the fees.  I'm a worry wart and I've never done vacation rental so having the fees to meet every month and the note I think would've cost me some sleepless nights.  This way the note is small and on a rental that cash flows very well.

Paul Sandhu · Answer

@Cheryl Vargas What search engine did you use?  Google??

Cheryl Vargas · Answer

Haha! @Paul Sandhu

I had to lookup what LMGTFY meant!

Kevin Nolan · Answer

@Paul Sandhu

I believe that’s what my real estate agent meant. Makes a lot more sense spelt that way. For whatever reason she kept emailing Condo-tele.

Haha. Thanks

Paul Sandhu · Answer

LMGTFY

Did you mean: condotel

Search ResultsFeatured snippet from the webcondotelvietnam.com A condo hotel, also known as a Condotel, hotel-condo or a Contel, is a building, which is legally a condominium but which is operated as a hotel, offering short term rentals, and which maintains a Front Desk.

Search Results

Featured snippet from the webcondotelvietnam.com A condo hotel, also known as a Condotel, hotel-condo or a Contel, is a building, which is legally a condominium but which is operated as a hotel, offering short term rentals, and which maintains a Front Desk.

Featured snippet from the web

condotelvietnam.com A condo hotel, also known as a Condotel, hotel-condo or a Contel, is a building, which is legally a condominium but which is operated as a hotel, offering short term rentals, and which maintains a Front Desk.

condotelvietnam.com

A condo hotel, also known as a Condotel, hotel-condo or a Contel, is a building, which is legally a condominium but which is operated as a hotel, offering short term rentals, and which maintains a Front Desk.

what is a condo-tele?

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