Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I own it cash and it cash flows me about $1900 a month after the hoa.

The net number is rent minus mortage PITI, property management fee and HOA fee).

I typically recommend that community for people that plan to use it personally and can justify the higher HOA costs and membership fees.

Closed on 2/21, a day late due to an additional HUD asset manager/HOA dispute.

Are the other parties to the agreement the property owner sharing the well and maybe an HOA?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I’m not able to personally qualify for cash out refinances.I'm looking to sell my home located in Southwest Florida in a HOA community but want to remain in the home to lease- 3 years or more.Does anyone have experience with this type of program or have any suggestions for me on where to look to get this done.

There are a handful of gulf front complexes that still cash flow positively but you need to be very careful as to which complex you choose as not all complexes and especially HOA's are created or managed equally.