My target price is $150k-$200k and have been analyzing Condos/Townhouses, since free time is limited (work full-time and family) and maintenance is handled by HOA. But HOA fee + HELOC cost is cutting into cash flow. S...
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Hi,
My friend has a question regarding HOA Foreclosure:
Couple of weeks back she attended an auction and got a condo for very less price.
At the time, she did not know that, it is a foreclosure by HOA.
Later when she ...
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Hi all,
What impact did the new 2014 mortgage laws have on renting back to the sellers after closing? We are supposed to get our commitment letter today, but the bank (last minute) said fannie mae and Freddi...
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Hi BP fellows! I’m a somewhat new rental investor in the US (I’m a homeowner in my home country and an airbnb host there, but the experience feels very different). I have already started doing the math for evaluating ...
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I recently came across a studio apartment in the heart of downtown Kansas City, and uncertain if it's worth buying. The apartment comes with 1 parking space and looks pretty nice, but the thing that has me concerned i...
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Hello All! I am talking to a broker about a 9 unit in Columbia. Initially, I thought it was a true 9 unit however he just told me it's actually 9 condos. They own all units and they are selling them together. What are...
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My son has started a PhD program at UChicago and I'm considering investing in a condo or possibly have him front end a house hack for me. Any thoughts on the neighborhood around the school? any particular challenges/o...
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I’d like your opinions. My husband and I are considering a rental condo that’s in a prime location in the small city we live in. It’s listed for 110K, decreased from 112.5K. The owner still has an original loan value ...
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I was looking into buying a condo in the Island West development in Davenport. HOA is reasonable at ~$200, there is a small pool and gym, etc., but I just learned that I have to pay a "HOA Initiation fee" of $5k. Thi...