Should we limit the number of rentals in our building if we want banks to lend to prospective buyers?

… … Banks do prefer that you place a cap on the number of rentals in your building but the exact number varies from … are only available to buyers who intend to occupy their apartments rather than rent them out as investment … Baldwin vice president and loan officer at National Cooperative Bank FYI a Brick sponsor This certainly warrants …

By Alanna Schubach |July 30, 2018 - 10:00AM
Brick Underground’s best advice for first-time buyers in New York City

… weve rounded up our best advice on what a firsttime buyer in New York City needs to know And for more on the … you want to live in and can afford check out our Rookie Buyer column on deciding where to buy as well as our … it easier than ever to find what youre looking for Our Rookie Buyer however found using one to be a benefit Read …

By Donna M. Airoldi |May 15, 2018 - 9:00AM
What's the best approach to buying a new apartment before my current one is sold?

… get a professional opinion of the value of your current apartment and keep abreast of the current market for similar … sell by decluttering and staging the space for prospective buyers See Bricks guide to selling for some tips You should … however Borrowers must have enough income to support a new payment The equity in the current property is taken into …

By Alanna Schubach |April 16, 2018 - 3:00PM