I have contact the HOA requesting his information again but they told me they cannot release his information to me and all they can do is get a hold of him and have him contact me, but I still haven’t received any updates.

-Total PITI, tax, HOA fee, wifi, electricity etc ALL monthlies $1100/month.

Another option is to purchase an apartment instead, but considering the HOA fees I wonder if it will be easier to bite the bullet and go for a home instead.I’ll take the time to browse through the materials available - already signed up for a webminar.

I have a friend in Conway NH that rents out her townhouse ($125k purchase price) on AirBnB with crazy numbers (rents it about 140 days a year at $200 a night, and after property taxes ($2500, and HOA fees of $250/mo) has NOI of $20,000, a CAP rate of > 15%)THE MID TERM GOAL:Once I've purchased the two properties, and have some factual data on them, I plan on going to my network in China and getting investors in properties in the USA.

Three weeks later they presented me with a check from a UU church for all the back rent and a month in advance.

We are paying in full (and we are amazed at how difficult it seems to have them take the money); we live overseas.I've walked thru the condo (in an HOA) and am very happy with the quality of the appliances.

@Tom Kuhen, we were supposed to close tomorrow but still waiting for HUD to approve the HUD-1 since it owes the HOA over $13k

Hi Josh,  I think that our biggest worry is the HOA fees.

Hi everyone, I am new in the BP page, I am trying to get into the real estate world and I have this family member that has this little problem.Here is the Scenario:3 units:        a)1/1 with renewed kitchen and bathroom. b) 1/1 needs a rehab about 10k to 15k approx.c) 2/2 needs Conditioning.Problems: HOA is behind about 20k or more between the 3 of them.                 

On the CC&R document which was recorded by the developer in 2004 saying no rental restriction on this building and the HOA Management already confirm this as well.