My boyfriend and I are moving to NYC and debating whether or not to hire a broker. Is this necessary, and how much can we expect to pay in fees?
Q: My boyfriend and I are relocating to NYC from LA and Toronto – finally, an end to our long distance relationship! We are learning about the NYC market and are thinking about employing the help of an expert broker. If we do this, how much can we expect to pay in broker fees? Also, is it much more difficult to find a place on our own? Thank you very much! Read More.
I’m a California-based high school student, and want to move to New York to work at a real estate firm after I graduate. What should I do in the mean time?
Q: Hi. I am a sophomore at Galileo high school in San Francisco, California. I’ve decided to become a real estate broker and plan on attending college in California. But I would like to work in New York, so what are some ways or options I have once I finish school to move from San Francisco to New York and get a job at a real estate firm? Read More.
I want to use my current home as an income-producing property, but am having trouble getting a loan. Can you help?
Q: I own a three-family home in Holyoke, Massachusetts, and would like to use it as a rental/income property and purchase a home in a more rural area. Can you help me find a lender who doesn’t see in only black and white? I spoke with a lender who said that they would not consider the rents from all three apartments because it wasn’t on my taxes as such. I tried to explain that I am living in one apartment and my mother in another, so the two apartments weren’t rented out. I have all three apartments rented out–$700, $700, and $850 per month covers ALL the mortgage, taxes and insurance, and leaves me with $950 income at the end of the month. I am so frusterated and any help on such a lender or your professional suggestions would be … Read More.