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Latta K.
  • Specialist
  • San Francisco, CA
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Looking to buy condo in SF,CA

Latta K.
  • Specialist
  • San Francisco, CA
Posted

Currently looking for creative ways to aquire a condo in SF (non BMR). Within the next month I will be debt free with about 40-50k cash on hand. Any suggestions? Seller financing?

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Richard F.#4 All Forums Contributor
  • Honolulu, HI
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Richard F.#4 All Forums Contributor
  • Honolulu, HI
Replied

Unless you are a "specialist" in condo operating budgets, reserve funding plans, local law and Governing documents for the project you are interested in, stick to Fee simple ownership. There are too many ways a condo/HOA can change the rules and change your annual expenses outside of your control.

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