Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "WWYD: keep DC rowhouse in Shaw as investment?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]My husband and I have a rowhouse in Shaw we bought in 2011 for around 600k. Houses on our block are now selling for 900k. We have one toddler now and the house is great, but if we add to our family in a few years, we will likely need to move somewhere larger. We've got about 125k saved now for our next down payment and are saving a little more than 3k/month to that fund. We could increase the monthly savings if we needed to, so we could probably manage a down payment on a new house without the proceeds from the row house. Would you hang on to the row house as an investment? Husband thinks we can manage it ourselves, but we are two busy working professionals and will possibly have two kids at the time, so I want to hire a property manager. It is three bedrooms with parking, I am guessing we could get around 4k in rent, mortgage is $2186. What would you do?[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
