coops: Condominiums and Cooperatives
- 12/02/13 12:32 AM
In SW DC, Cooperative housing is commonplace. Often slightly undervalued, and thought of as second rate, there are significant adavantages to owning and living in a Coop as compared to a Condominium. Let me start by saying most if not all Coop's have some sort of rules set up about Membership qualifications and restrictions on leasing out the unit. So if a rental investment is the point of the purchase, these do not apply. Usually an owner has to live in the unit for at least 2 years as a primary residence before the unit can be rented out, at … (31 comments)
In SW DC, Cooperative housing is commonplace. Often slightly undervalued, and thought of as second rate, there are significant adavantages to owning and living in a Coop as compared to a Condominium. 
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