Buying a Co-op in New York
I have little experience in real estate. Can you please help me with the considerations needed to decide whether to buy this co-op to live in? I was thinking about renting it, but the rent seemed too high at $2,200.
1. I have already toured it because I was thinking about renting it
2. I will probably live there for at least one year, but likely less than two
3. I don't need a mortgage; my savings will cover the cost.
4. As noted, it includes furniture.
5. It is 15 minutes from my office
6. I am thinking that paying monthly maintenance of <$1,000 is much less than the rent, so it seems like a good deal.
https://www.trulia.com/home/370-westchester-ave-3n-pt-cheste...