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Forum
-> Household Management
-> Finances
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amother
Gray
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 Fri, Nov 25 2016, 2:34 pm
What are the Pros/Cons of trading a 3 fam house in BP, that has 2 incomes, for 2 1 families in Flatbush. One to live in, one to rent.
Are property values going up more in BP than Flatbush, so it would be a financial loss to the seller over the years?
Anyone knowledgeable in Real Estate in the 2 areas, has any opinions?
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sourstix
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Fri, Nov 25 2016, 3:12 pm
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Why don't you call a broker?
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amother
Gray
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Sat, Nov 26 2016, 6:46 pm
| sourstix wrote: | | Why don't you call a broker? |
Many brokers focus on their profits, and can talk you into whats better for them, and then its too late.
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amother
Slateblue
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Sat, Nov 26 2016, 6:49 pm
Don't call a broker
Figure out what you want to do
Bp is deff way more expensive that Flatbush a
It's really depends on where you want to live
Why don't you buy or rent in Flatbush and keep bp house
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amother
Gray
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Sat, Nov 26 2016, 7:06 pm
| amother wrote: | Don't call a broker
Figure out what you want to do
Bp is deff way more expensive that Flatbush |
Not so at all, one family houses start at a million in either neighborhood, these days unless you buy one of those 16, 17 or 18 foot wide attached houses.
| amother wrote: | It's really depends on where you want to live
Why don't you buy or rent in Flatbush and keep bp house |
Ive been warned that once youve been a landlord for years, you cant rent, unless you have no choice.
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amother
Slateblue
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Sat, Nov 26 2016, 7:17 pm
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Flatbush out can get a one family for less than a million
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amother
Gray
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Sat, Nov 26 2016, 7:27 pm
| amother wrote: | | Flatbush out can get a one family for less than a million |
Really? Not what Ive seen. Can you link one house on Zillow in a neighborhood w middle aged people, thats not a "handyman special" for under a million thats not attached, w private driveway?
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amother
Slateblue
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Sat, Nov 26 2016, 7:36 pm
All houses need fixing up
And I'm not going looking on zillow now but I know 4 families that bought in the 20's for less than 1 mill recently. - all single family. Not attached (some with private driveways some shared)
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ida1
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Thu, May 18 2017, 4:19 pm
are you still looking to sell your 3-fam house? we are looking to buy 3-fam house (wider than 20). I am willing to pay nicely and dont necessarily need a mortgage. if the location is suitable I would very much like to consider if you're still interested. pm me with details
| amother wrote: | What are the Pros/Cons of trading a 3 fam house in BP, that has 2 incomes, for 2 1 families in Flatbush. One to live in, one to rent.
Are property values going up more in BP than Flatbush, so it would be a financial loss to the seller over the years?
Anyone knowledgeable in Real Estate in the 2 areas, has any opinions? |
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