HOA Reserves Funds for a New Condo BuildingWe recently settled a brand new, 4-unit condo building in Washington, DC. We're trying to figure out how much we should be keeping or building towards in our reserves. The entire building
This depends on what type of loan you're getting and what you can afford. You need to sit down with a local lender who can review all of your financial info. The more you put down, the better. If you can afford 20% down that would eliminate the need for mortgage insurance, which will add to your monthly payment. But many people don't have that. You can buy a home with as little as 3.5% down with an FHA loan.... more
No credit check, 1 percent interest 30 year fixed, 4.5 proof of funds in which u can use vet status or 401k, the property has to be appraised at 350 k and up. 30 day close, 8037576801
non-FHA options for owner occupiers in Columbia Heights condosThe building is no longer FHA approved (lapsed in March 2016), about 45% owner occupied now as board let some of the FHA buyers rent, were a few delinquencies but those were cleared up recently,
I am moving to DC July. Are you willing to share a much bigger apt (row house fine.) I am willing to pay up to $2000 for my share. If you are interested email me at aaronlang2016@gmail.com.... more