Asked by Big Apple, New York, NY • Sat Nov 26, 2011
I have total of 325K cash to spend.This is an investment.Dont want to go above 90th street.How much rent my condo would fetch?How much I would spend as property owner in taxes and condo maintainence fee monthly. What area is the best in this money and resale is easy and quick.In 4 years my oldest would be in college and I would need money.Likey have to sell this at that time.Thanks. Appreciate. Obviously would like to make money from both rental and resale.No cant go through the bank. religion ( Islam) does not permit interest based activity ie both taking and paying interest.Came from Pakistan in 1993 and fell in love with Manhattan. Married a girl from NJ. Regret never was able to go to the top of world trade center. too busy in studies at that time.I visit NJ once ayear and watch 4th of July firework from NJ.It is cool.Take my children on horse carriage ride in summer from Times Square to Central Park. they love it. I love the smell of subway trains. weird. Thanks.
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