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Reply to "Looking to blow $150k on a second property (condo)"
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[quote=Anonymous]How often would you use it, and how much would it cost along with the mortgage? How old are you and when do you want to retire? How are you doing in you other savings? What are the components of your net worth? If you live in the DC area, I'd be concerned that too much of your portfolio would be invested in DC real estate. Also, if you don't plan to rent this or earn any money off of it, it might not be the greatest place to park money - likely a money loser rather than money maker. [/quote]
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