Often mistakenly referred to as a type of construction or development, it actually refers to the type of ownership.condominium conversionChanging the ownership of an existing building (usually a rental project) to the condominium form of ownership.condominium hotelA condominium project that has rental or registration desks, short-term occupancy, food and telephone services, and daily cleaning services and that is operated as a commercial hotel even though the units are individually owned.

I used Mortgage Unlimited for my FHA, they originated the loan but do not service it.

Originally posted by @Bowman Klinkenberg:@Jordan Moorhead that's an interesting solution.

Originally posted by @Frank Wolter:@Jay Hinrichs your exactly right.

Originally posted by @Eric Jones:My current goal is to scale.I would like to send money from our personal account into our rental account on a monthly basis to let the cashflow and personal funds accumulate. 

Originally posted by @Brian Kraft:Hi,I've got around $1.5 million in equity in a few properties around Denver, Colorado.

Originally posted by @Brandon Sturgill:@Conrad Metzenberg What was the most challenging part of the deal...from location to close?  

Originally posted by @Allison Jane:Hello all, I am considering putting an offer in on a multifamily property in the Cleveland Heights area very soon and am concerned about vacancy and the ability to fill the unit(s) quickly.

Originally posted by @Kevin Sobilo:@Michele B., I was thinking to hire them as an actual employee not a self employed contractorThe idea was to develop someone who could manage in a hands-on way a lot of the rehab work.

I originally offered $600 (+$25 for dog) rent price for them to share a room and share a spare bedroom with me for storage.  50% split use of the house between myself and them (which the couple combined realistically probably uses more than 50% of the house) They counter offered this first month for $500 based on the current construction status of the house.