ReCasa Financial Blog

Some real estate investors wonder if condominiums are good rehab real estate investments .  While there are both pros and cons to investing in condos , as a financial institution, ReCasa Financial Group , we do not lend on condos.

• Each unit in a condo is required to pay monthly association fees. Investors will need to pay each month from purchase till it is sold/rented.
• As an owner of the condo, the investor still needs to abide by the condo guidelines, which sometimes include rental restrictions.
• Data reports that the value of condos decline more quickly than single family homes .