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StreetEasy Discussions
Where New Yorkers come together to discuss real estate
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Financing
reserves - cash vs. 401k
Updated almost 14 years agois it common for lenders to require cash reserves, and refuse to take a 401k account balance instead? even when the balance less taxes and penalties still exceeds the... -
Financing
Mortgage Financing for buying next door condo
Updated almost 14 years agoI own a two bedroom condo in Manhattan, zip code 10028, and the two bedroom apartment next door is for sale. I am thinking of making an offer for it. Need a... -
Financing
Leasehold Policy?
Updated almost 14 years agoI am closing on an apartment in the near future, and my lawyer is suggesting that I get a leasehold policy to protect me against possible problems with the title in... -
Financing
true stated heloc
Updated almost 14 years agoI'm aware that banks don't give up Stated HELOC anymore. But i'm a freelancer and don't qualify for a documented one. I have been researching and it seems that i can... -
Financing
Will FHA, Fanie Freddie be Killed?
Updated almost 14 years agoThe Federal Housing Administration could exhaust its reserves over the coming year, according to budget projections released Monday, which would require a Treasury... -
Financing
Taxes
Updated almost 14 years agoSo finally all the numbers are in. After adding all of the federal, state, city, real estate, medicare, social payments and my amt, my take home is 56% of the gross... -
Financing
financing a sponsor unit in a coop building
Updated almost 14 years agoI have been offered a contract to purchase a sponsor unit in a cooperative building but the problem is how do I finance this purchase? I used to live in this building...