From the Forum: How to Convert Condos Into a Single-Owner Building?
A Brownstoner reader purchased all three units in a condo building, and they want to convert it to a single-owner building. nycuser123 writes: I purchased a 3 unit building….that was actually three condos. So I own all the condos of the building and control the condo board etc. This type of structure makes it difficult…
A Brownstoner reader purchased all three units in a condo building, and they want to convert it to a single-owner building.
nycuser123 writes:
I purchased a 3 unit building….that was actually three condos. So I own all the condos of the building and control the condo board etc. This type of structure makes it difficult to find favorable financing and for that reason I want to reconvert to a standard single owner building. How do I do that? Who do I contact?
What’s the next step here? Share your thoughts in the original post.
Need a professional opinion? Try Brownstoner Service Pros.
What's Your Take? Leave a Comment