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family
Buying an apartment for your adult child? Here are 7 things to keep in mind
… median rent hovering above $4000 many parents who can afford it often decide that buying a New York City apartment for their adult child is better than helping pay their rent … of purchase is more challenging than a typical one Read on for tips on what to expect and how to prepare Be sure to …
Nikki’s Notes: How do we buy a place for our college-age child now that will be our pied-à-terre later?
… more common in New York City given the steep cost of renting and Gen Xers looking to enjoy their empty nester … eventually like to spend time Beauchamp points out that parents used to limit the search to the Upper East or Upper … being able to walk to school versus having more space and hopping on the subway you dear child are going to hop on the …
How retirees can qualify for a rental apartment in NYC
… standard annual income requirement of 40 times the monthly rent is challenging enough when you have an incomewhen youre … making the situation worse for many retirees is the current market where rents are seemingly stuck at close to … in these cases needs to be a minimum of 275 times the gross monthly rent Insurent qualifies retirees on their cash …