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Updated over 1 year ago on . Most recent reply

Will F.'s profile image
Will F.'s profile image
Will F.
  • Investor
  • from Los Angeles County, CA
  • Member since Jul 19, 2012
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Will F.'s profile image
Will F.'s profile image
Will F.
  • Investor
  • from Los Angeles County, CA
  • Member since Jul 19, 2012
Connect
Will F.
  • Investor
  • Los Angeles County, CA
277
Votes |
961
Posts
Buying & Selling Real Estate

Purchasing Condominiums vs OYO (own your own) in Southern California

Will F.
  • Investor
  • Los Angeles County, CA
Posted

I'm about to purchase an OYO in Long Beach, CA. This will be for me to live in as I want to be near the ocean.

Anyone know anything about OYO and the differences between Own Your Own and a Condominium?

I know the basics that OYOs existed prior to condominiums, that they tend to sell for less, that their HOAs are more lenient, and that they are much harder to finance.

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