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July 28, 2009
Need Help - NYT article
..can't seem to locate the recent (less than 2 months) times piece on couples buying their first homes in the country while still renting in Brooklyn/NYC. any help out there? Thanks.
Comments
this one?
http://www.nytimes.com/2009/07/02/garden/02catskills.html
Posted by: pHdesign at July 28, 2009 12:33 PM
nope - the other one. thanks.
Posted by: HerWayOrTheHighway at July 28, 2009 12:41 PM
this one then?
http://www.nytimes.com/2009/07/05/realestate/05cov.html?scp=9&sq=kingston%20house&st=cse
Posted by: pHdesign at July 28, 2009 1:02 PM
bingo...thx
Posted by: HerWayOrTheHighway at July 28, 2009 1:14 PM
I did that - renovated a farmhouse in chatham we bought for 175k and turned a 200k profit (or at least cash in hand) which we used for a deposit for a house here in bkln - unfortunately at very peak of market.
I highly recommend this system however, since you get two houses for price of one if you have a decent price on a rental here in NYC and if you buy here you may never be able to afford a second home.
Posted by: gkw at July 28, 2009 1:58 PM
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