Flix & Flip deals with HOA

[Shayan Sameer]

Hello Investors,

I have a few questions about fixnflip deals that involve HOA. I came across a few good fixnflip deals in the Delray, FL area, but both are in good communities with HOAs. One house has a $200/HOA, and the other has a $400 HOA. I know that with HOAs, there are a bunch of rules about what you can and cannot do. What are your thoughts on getting a property with HOA? This will be a fix/flip project. Both properties have good ARVs. One is a five-bedroom house, and another is a three-bedroom house. Let me know your thoughts.