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Reply to "Talk to me about Pied a Terres for the Middle Class Set (aka a studio condo in downtown)"
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[quote=Anonymous][quote=Anonymous]Is it really possible to find something to buy in a well-established, metro accessible, downtown neighborhood for only $1500 a month? What kind of down payment would that require?[/quote] I ran some preliminary #s on a few places that were co-ops where this looked possible, but admittedly, the better the location and unit, the less likely this is. We would be doing a DP of at least 25%. We would also be looking at studios, so the smallest of the small.[/quote]
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