Don’t forget to deduct the commission to get the real net price……..
I can also tell you that getting financing approved for SOME condos is very difficult….
A mixed use building or some that are now part hotel/part condo may require *special* rates….
FNMA has limits for an allowed % of non owner units in any complex.
Although FNMA allows non owner, at least one lender who has consistently good rates (.25 better than others) for SFR’s will not consider a rental condo at all, even at 50% LTV.
