Criteria:Advanced: Single Family, Condominium, Multi-Family 2-4, Multi-Family 5+, Other Res, Other, UnknownMin Beds: 1Max Beds: 4Min Baths: 1Owner Occupied: NoMax CLTV: 70Transfer Date: from: 09/02/1941 to: 09/02/2011

.), the annual site lease in the case of leasehold tenure and 50% of applicable condominium fees, shouldn’t represent more than 32% of your gross household income (Gross Debt Service (GDS) ratio).

I've only looked at condominium units so far but they all have exorbitant HOA fees which kill the cash flow.

If the building isnt a registered condominium yet then you'd essentially be paying "rent" to the builder.  

Life is short.Like all of you, we love rental properties for many reasons including it’s a tangible asset, everyone needs a place to live, it generates passive income so you can reach financial freedom and it’s a proven business model over thousands of years.All that being said, we have limited experience with real estate investing but have been involved with a few real estate investments including the purchase of two vacation rentals, a small office condominium and invested in a syndication outside the U.S.  

In my scenario, I am looking into buying a brand new condominium with no sold units yet.

Any comment about the condominium market in Chicago loop area?

It's a 1.5ba/2br condominium in South Florida.

I see my city growing every single day with new built neighborhoods, and new built condominiums.

Malden which is a suburb around Boston has prices these high for houses and Boston itself has houses that go for at least 1 million for a studio and those are condominiums as well.