06/10/2026
In this video, I compare three common scenarios:
- Salaried Employee, 3+ years
- Established self-employed with strong AGI
- Self-employed with low AGI, and substantial savings or trust income
- Salaried Employee, 3+ years
- Salaried Employee, 3+ years
- Newly employed buyer with parental gift funds for the purchase
The highest offer isn’t always the strongest offer. In co-op transactions, income history, liquidity, and complete financial disclosure matter just as much as price, especially at the time of the offer.
Every building has its own requirements and policies, and outcomes can vary. Coops must comply with Fair Housing laws.
Note: AGI stands for Adjusted Gross Income and is found on Form 1040, line 11a, of your federal tax return.