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Hi!
Kinda need some advice here…
My husband and I are contemplating selling our 4 story (duplex upon duplex) building. we live on 14th street close to 7th avenue. We bought the place in 2003 for $850K and put about $30K worth of work into it. We have about $600K left on the mortgage, so ideally we stand to walk away with about $600K in cash from the sale.
The house is in very good condition with many amenities.
Anyway, we are finding it harder and harder to make ends meet and we feel this might be a good time to sell it. Frankly, we feel we could have a better quality of life if we didn’t own and simply just rented in park slope.
Just wanted to know your thoughts. I know everyone’s dream is to Own – but am seriously not feeling that way now as we simply can’t afford having a life.
Thanks!