Imagine if grandma knew what yu spent Williamsburg

"I worked with a designer from London to completely gut and renovate my condo.

I don't want to share exactly how much I spent, but I worked with an Architectural Digest-level designer and architect, and it took about 18 months to finish."

why would someone buy a property in Manhattan from someone who recently bought in Brooklyn?

"I didn't have to worry about anyone else's opinion." and yet "I designed it with the vision of having a family in the future... "

I'm sure potential husbands are just lining up around the block to meet her.

So, in 8 years her 2% mortgage resets, and in 15 years the tax abatement disappears, and she's "confident that if I ever decide to rent or sell my condo, it will offer a strong return". Hmmm.....

So a real estate agent is touting the benefits of home ownership. Wow, that’s pretty shocking.

"I purchased a three-bedroom condo in Williamsburg for $3.25 million with a 30% down payment. My home has 1,700 square feet of interior space and an additional 1,000 square feet of exterior"

"I got a 10-year mortgage at a 2% interest rate, with a monthly payment of about $4,000."

That is very interesting, with interest only at 2%, 70% of the 3.25 million dollars is already about $3800 per month, even with minimal dollars for the property tax in the initial years, adding the maintenance of 1700 sq feet of apartment will put her monthly probably near $5000. I guess in realtor's language, it's still considered about $4000, LOL

Using the interest only loan on the 10 years doesn't give me any indication that she wants to live in this home forever. I think her intention is to do house flipping within the 10 years, LOL.