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Financing in Long Island City : Real Estate Advice

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  • Home Buying26
  • Home Selling4
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Activity 2
Wed Sep 17, 2014
Javier Meneses answered:
That's a no brainer to me, New York City is significantly more expensive to own a property than it is in Nassau County. When you compare the cost of property and what you get for that cost, Nassau will get you more bang for your buck. But at the end of the day, where do you want to live? Perhaps you search in both locations and see what is a best fit for you. If you need a referral to a professional Realtor, I'd be happy to give a contact or two. Feel free to call or email me anytime, good luck!

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Javier Meneses
Assistant Director of Sales
ACADEMY MORTGAGE CORP
105 Conklin Street
Farmingdale, NY 11735
jmeneses@bankamc.com
(516) 606-9648 Cell
(631) 227-3258 Office
(516) 584-7138 Fax
... more
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Sun Jun 20, 2010
answered:
I would have to know all the details, but I have one lender who I believe still allows a "kiddie co-op" as it used to be called, however is also used for an owner who's parent lives in the co-op. Are you looking to get cash out, or refinance an existing loan? The other possibility is if your mother is capable of signing on the loan, you may be able to have it done for you as the non-occupant co-borrower. E-mail me if you would like and we can talk about the best way to structure this, which is not as an investment property. ... more
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