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Co-op Financing

Started by HJ44
about 16 years ago
Posts: 1
Member since: Apr 2009
Discussion about
Can anyone recommend good resources for evaluating a Co-ops financial condition? How do I evaluated how much debt is ok to have? How much Cash should they have relative to operating expenses? Do they try to run a breakeven of mtn vs. expenses to minimize taxes? Do Co-ops typically refinance loans or paydown the principal?
Response by NYCMatt
about 16 years ago
Posts: 7523
Member since: May 2009

First of all, there's nothing "typical" of what co-ops do. Every building is just as varied as every homeowner.

Your real estate attorney would be the one who would be most on top of this.

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