How long do you have to own in NYC for your investment to be worth it?

… than snapping up some stocks or stashing cash in an index fund and it can take a number of years before … one of the first questions is how long you plan to stay in your apartment for precisely this reason … This … to be in this market Also important is where you will be staying put If you think youre going to be moving out of …

By Virginia K. Smith |August 29, 2017 - 1:00PM
What can I afford? After a stint in the suburbs, a buyer contemplates NYC pied-à-terres

To be clear This weeks subject for our What Can I Afford … sees the apartment as an investment opportunity and may want to resell for a profit or rent it out in the future He … rule of thumb for calculating mortgage is for every $100000 borrowed a purchaser will pay $500 per month for her …

By Alanna Schubach |April 6, 2017 - 3:59PM
Is there one right way to save for a down payment?

… obstacle facing most firsttime buyers is come up with the down payment  And if youre working aggressively to build the … point in the nearish future so its better not to put your down payment savings in your retirement funds which could … your assets Theres no tax efficient way to save for a down payment on a house says accountant Jonathan Medows  The …

By Virginia K. Smith |April 6, 2017 - 11:59AM