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Originally Posted by brewer12345
How much is this place again? The attraction of a codo is that it is realtively clean cut. The risk with a co-op is that you are biying a pile of debt that has to be serviced.
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Place is $232K for 900 square feet, fully remodeled and ready to move in. They have about $3.5 million in assets and about $3.6 million in debt (mostly long term mortgage).
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