Real Estate Investing in New York by Christina Kremidas
Douglas Elliman Podcast
68 episodes
5 months ago
In this I'm breaking down the surprising truth about co-ops versus condos in New York City real estate. While co-ops are known as the more affordable option with lower purchase prices, I'll show you the shocking math that reveals they actually require MORE income and cash on hand than their pricier condo counterparts. Through a detailed side-by-side comparison of a $1M co-op and $1.25M condo, I'll expose how co-op down payment requirements, debt-to-income ratios, and post-closing liquidity ...
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In this I'm breaking down the surprising truth about co-ops versus condos in New York City real estate. While co-ops are known as the more affordable option with lower purchase prices, I'll show you the shocking math that reveals they actually require MORE income and cash on hand than their pricier condo counterparts. Through a detailed side-by-side comparison of a $1M co-op and $1.25M condo, I'll expose how co-op down payment requirements, debt-to-income ratios, and post-closing liquidity ...
Real Estate Investing in New York by Christina Kremidas
27 minutes
7 months ago
The Golden Age of NYC Co-ops is Dead?!
Financing restrictions are rampant in co-op buildings—it's really their main way of weeding out people that they don't feel are prestigious enough to live in these buildings, and the way they do that is by limiting the percentage that you can finance. In this episode, I'm going to let you decide if the prestige and appeal of co-ops in New York City has dwindled as we cover everything you need to know about this evolving real estate landscape. About the Host: Christina Kremidas is a lifelon...
Real Estate Investing in New York by Christina Kremidas
In this I'm breaking down the surprising truth about co-ops versus condos in New York City real estate. While co-ops are known as the more affordable option with lower purchase prices, I'll show you the shocking math that reveals they actually require MORE income and cash on hand than their pricier condo counterparts. Through a detailed side-by-side comparison of a $1M co-op and $1.25M condo, I'll expose how co-op down payment requirements, debt-to-income ratios, and post-closing liquidity ...