Rental restricted!
- Thread starter larolargo
- Start date
- Joined
- Jul 7, 2010
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- 27
QUOTE (larolargo @ Dec 8 2010, 08:22 PM) What do you guys do when you come across a good deal but it is rental restricted?
Do you buy anyway and try to sell for cash or seller financing?
Since it`s rental restricted you can`t do RTO, right?
I would stay away from it as it defeat my purpose as an investor! Except for Downtown area, there are probably 2 out of 3 of the buildings restricts rentals. Price is only one of the factors we check. so be careful!
Do you buy anyway and try to sell for cash or seller financing?
Since it`s rental restricted you can`t do RTO, right?
I would stay away from it as it defeat my purpose as an investor! Except for Downtown area, there are probably 2 out of 3 of the buildings restricts rentals. Price is only one of the factors we check. so be careful!