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Would You Get Approved by a Co-op? The 3 Financial Requirements You MUST Meet
Manage episode 313196510 series 3261627
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Welcome to Episode 24 in my Series REAL ESTATE INVESTING IN NEW YORK!!
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Email: christina.Kremidas@elliman.com
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In this Episode, I'm sharing the 3 most important financial criteria that every co-op board looks at when reviewing your application for purchase, along with some other important requirements!
Would you buy a co-op? Leave your thoughts in the comments!
Topics covered in this episode:
- DTI (Debt to Income Ratio)
- Post-Closing Liquidity
- Length of Employment in your current industry
- How the co-op boards analyze each of the above when determining their decision on your approval.
I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Agent as you begin the property purchase or sale process, please do not hesitate to reach out to me.
Don't Miss Episode 25, where I will be sharing answers to your questions! Be sure to send me your real estate questions via instagram DM or by email!
Discover the value of your home
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Check out my Self Improvement/Lifestyle podcast, NEW YORK & BEYOND
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