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Updated over 6 years ago on . Most recent reply

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Ji Hun Seo
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I want to buy a property but..

Ji Hun Seo
Posted
I want to buy a coop for my first property. What are the key things i need in order to carry out my first purchase? I do not have a lot of money saved up but want to buy a property ASAP. Any tips or advice? Thank you in advance

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Your question is so general that we can't possibly answer it. It's like asking, "What's a good restaurant in America?" Nobody can answer it because we don't know what you like, how many people in your party, do you want to dine in or out, what can you afford, etc.

A "coop" is an enclosure for chickens or other small animals. A "co-op" is a share in a company that owns the real estate which is similar to investing in stocks.

I recommend you start by reading some books and getting a basic understanding of real estate terminology and investing techniques so you can ask questions that make sense.

  • Nathan Gesner
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The DIY Landlord Book
4.7 stars
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