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Reply to "Signs of a dysfunctional condo association [DC] "
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[quote=Anonymous][quote=Anonymous]A fe things I know : Professional management Delquency ratio (you wouldn't know about it till you get the condo docs) FHA or what kind of lender approved this High renter vs owner ration. Banks would have problem renting it out to investors(not owner occupied) if this is higher than 15%. Very low condo fees, any lawsuits or special assessment. [/quote] Can someone comment on the renter owner ratio in regards to being able to get loans (someone that has a wide breadth of experience with this) I suspect banks are not actually so strict with this - especially the 15% number.[/quote]
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