I have been in the RE business for 6 months now buying mostly out of state turnkey properties. Last week I went into contract for "assignment of bid" through a company that from my research is an arm of Bank Of Ameri...
Hello BP Ccommunity - I own an investment unit at an older, smaller condominium complex (18 units) in Bellevue. I'm also on the board of directors for the HOA. We're looking to hire a new property management company...
I often get Condotels submitted for funding. These deals can get funded however not all lenders have an appetite for them. Below are some of the reasons it is a struggle.Condotels, or condominium hotels, present uniqu...
Offer on a duplex with a flag lot. The access is shared with a condominium complex. The boundaries are marked with loose rocks and a curb that the title company says "appears" to be a boundary but cannot guarantee wit...
Let's hear it from the "pros"..... you already know my answer.........down payment on a hotel.
What will my mortgage company want to do when I tell them that I am planning to convert my duplex into two units and sell the smaller one?
Thanks,
Brad
So there are three 2BR units in pre-foreclosure in an apartment complex all being handled by the condominium associations attorney. The three are estimated to be sold in the range from 54k-65k (with assessed value...
Dear BP users,I am looking for a recommendation for Property Managers around Houston / Humble TX area, zipcode 77396 and who specialise with dealing with Investors out of country. I have 4 units of one bedroom condomi...
Looking to purchase a few $50K-100K condos as rental property. I was told by a mortgage broker that I will have to make sure the Apartment Complex has less than 15% of the HOA Fees unpaid, and less than 40% of apartme...
Would you recommend wholesaling Condominiums? If so, how would you go about doing it? Thanks!