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Banks not lending to certain coops

Started by studio1
about 13 years ago
Posts: 0
Member since: Nov 2011
Discussion about
I'm considering buying a studio in a coop that has just reached a rental/ownership ratio where banks are unwilling to lend. I can purchase with cash so that's not an issue, but am nervous about what negative repercussions this may have on the coop going forward. Please share your thoughts.
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