HOA fees.This would include all fees and assessment.Interest.Specifically as it relates to mortgage loans secured by the property.Legal & professional fees.

This relates back to another discussion I had a week or so ago regarding hoa liens in Florida.

(Pay mortgage insurance).Rental income $1295Annual HOA Fee of $35019 years left on mortgageBuilt in 1986 and have done some repairs to AC and roof but neither replaced.

Great school district, close to the city downtown area, very close to train station leading into Chicago.Asking $179,900 (way over priced)Offer: $115k (comps suggest similar properties have sold for $111k and $127k)Down payment: $8,000Taxes: $3000; HOA: $125/moImprovements needed: ~$15k (flooring, paint, cabinets, appliances)Vacancy: 1400 (one months rent)Maintenance/repairs: $100/mo (budgeting for $1200 annually)Potential Rent: $1300-$1500/moUtilities: would be paid by potential tenantInsurance / Private Mortgage Insurance: $1500 combined (would hopefully refinance after repairs to get LTV of under 80%)Would self-manage to add to cashflow.Please let me know if I am missing something or if my numbers seem off.

This year again my property tax, HOA, insurance all have gone up and I need to increase the rent to make up for the difference.

You can try making application and bring with you your income and asset documentation along with the other property documents like mortgage coupon/statement (PITI - HOA), rental/lease agreement and giving it to the LO upfront.  

It's rented for 1000, but after property management fees and HOA fees, I lose 7 dollars a month on it.

The problem is I don't know that much about condos besides the HOA horror stories I've heard on the site.Do you have any tips/things to look out for when buying a condo?

I'm looking to buy a town home, and my primary concern are HOA dues increasing over time.

Find out the HOA rules regarding pets and what the type of pesticides they are using.4.