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Updated over 3 years ago on .

Jonathan Beaumont's profile image
Jonathan Beaumont's profile image
Jonathan Beaumont
  • from New Rochelle
  • Member since Oct 31, 2018
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User Stats

46
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27
Votes
Jonathan Beaumont's profile image
Jonathan Beaumont's profile image
Jonathan Beaumont
  • from New Rochelle
  • Member since Oct 31, 2018
Connect
Jonathan Beaumont
  • New Rochelle
27
Votes |
46
Posts
Buying & Selling Real Estate

Cooperative with large debt.

Jonathan Beaumont
  • New Rochelle
Posted

We are in the process of purchasing a one bedroom co-op with a private beach property in new Rochelle ny. The cooperative has about 7 million in debt that is due 2024. The board said they will refinance when the due date comes. Is this too risky of an investment? 

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