is it tougher to get refinanced in HOA

2 Replies

I own my own house and am looking to purchase a townhome investment. The townhome has a HOA....

Whenever I refi my house I have had a pretty smooth experience. When I am purchasing my townhome the lender wants extra stuff from HOA and it turns out HOA is under litigation. So very painful process.

q: When you guys refi your property (under HOA) is it more difficult. Do you run into issues.

Hello @Roy Mitle ,

This is actually one the main reasons HOA turns off investors. Moreover, if community is more than 50% rentiers than owner occupied it becomes almost impossible to refi or HELOC.



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