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21 August 2020 | 5 replies
The biggest thing I'd check on with a condo is the HOA.
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21 August 2020 | 0 replies
The HOA fees are $379 and I owe $68K on the condo (I bought it for 89K and it's currently worth $65K).
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27 August 2020 | 15 replies
It needs to be quoted as a condo since the HOA covers the roof and the outside.
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26 August 2020 | 6 replies
It sounds like HOA rules are the biggest concerns when it comes to renting out a condo so I will have to research that more...
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28 August 2020 | 5 replies
Depending on local laws and HOA regulations of course.
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12 September 2020 | 3 replies
I hate my neighbors and this HOA and I can use the equity to buy another rental and have some buying power for a possible flip."
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26 August 2020 | 0 replies
if so, is charging just enough to cover the mortgage and condo maintenance (HOA, Sewer) justified?
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28 August 2020 | 18 replies
The thing with daybreak is you cannot make it a rental until you've lived there for a year They have restrictions that are enforced in their HOA for rentals and I don't think they actually allow short-term rentals but I could be wrong.
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9 September 2020 | 5 replies
The key thing with FHA is that any 3 or 4 unit property has to be self sufficient (duplexes do not) The basic formula is: (Total monthly gross rent x 75%) must be > the total monthly housing payment (P+I+T+I + MIP + HOA).
28 August 2020 | 5 replies
Is there an HOA?