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Updated over 7 years ago on . Most recent reply

Ylvi Buza's profile image
Ylvi Buza's profile image
Ylvi Buza
  • Investor
  • from Fair Lawn, New Jersey
  • Member since Aug 6, 2017
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Ylvi Buza's profile image
Ylvi Buza's profile image
Ylvi Buza
  • Investor
  • from Fair Lawn, New Jersey
  • Member since Aug 6, 2017
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Ylvi Buza
  • Investor
  • Fair Lawn, NJ
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Multi-Family and Apartment Investing

How to buy 60% of Controlling Shares in Co-Op?

Ylvi Buza
  • Investor
  • Fair Lawn, NJ
Posted

Hi Guys, 

I am interested to know the strategy to buy +60% of controlling shares of Co-Op building in order to convert it into rental units, has anyone been involved in this kind of deal? My concern is that what if the existing shareholders don't want to sell the shares, then, will they become a partner in the deal or just continue owning the shares equivalent to the apt sq ?Thanks,

Ylvi

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