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Multi-Family and Apartment Investing

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Ylvi Buza
  • Investor
  • Fair Lawn, NJ
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How to buy 60% of Controlling Shares in Co-Op?

Ylvi Buza
  • Investor
  • Fair Lawn, NJ
Posted Apr 15 2018, 07:18

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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