All Forum Posts by: Nicole Sharpe

I appreciate all the responses!

@Eric Hajdu Thank you for your insight! We're going the private school route so location is not an issue in terms of schools. I'm going to take you up on your offer to message you. I'd love to hear more about your buying experience.

@Ahmed Saad Thank you for your response! You made some good points.

@Jonathan Greene Size is definitely going to be an issue. After writing my post and crunching numbers, I think my best case scenario is to have a net loss that would be lower than renting a huge townhouse.

@Alexander Szikla I actually really love Red Hook and Gowanus be we want to be in walking distance from friends and family to maintain our sanity so none of those options would work for us. 

My family of six plus our live-in nanny are looking to relocate back to NYC and we're interested in buying a 3-4 family home in Brooklyn and living in one of the units. For personal and logistical reasons (i.e. work, social, and school), we're primarily interested in the following neighborhoods: Greenpoint, Williamsburg, Bushwick (bordering Williamsburg), Crown Heights, Prospect Heights, and Prospect Lefferts Gardens. My husband and I make around 650k gross (we will continue to work remotely with our current employers) and we currently have about $600,000 between our savings and taxable brokerage accounts. Can we house hack in one of these neighborhoods and have a positive cash flow? What would our financing options be for a property around 2-3 million? Thanks in advance for any insight!