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Hey, 2 mill apartment mom with 50K HHI & 500k in the bank. If I were you. I'd sell the apartment & buy a nice place in Harlem for b/t 500K & 900K with a much lower maintenance, then I'd invest the profit & some of the 500K & use my returns for dc's tuition.
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- NY Schools
- New York City
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08.30.09, 07:20 PM [ Flag ]
- Her apt may not be worth $2mm as she thinks.
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  08.30.09, 07:28 PM [ Flag | link to this post ]
  - True but even if she gets 1.5 mill, she could still get a cheaper apt, & invest.
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    08.30.09, 07:29 PM [ Flag | link to this post ]
    - I really doubt she will get FA. Sounds like she has wealthy parents who bought them the apt.
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      08.30.09, 07:35 PM [ Flag | link to this post ]

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