Looking for partner(s) to buy in Carroll Gardens/Gowanas

bstoneprowla

Hi,

We're a couple looking to buy a brownstone/townhouse in this area or possibly Ft. Greene / Clinton Hill. Up until now we've been looking for 2 bedroom co-ops or condos but haven't found much that we like. It occurred to us that if we found another person/couple we might be able to own a free standing building with much more appreciation value and more space and privacy. So, here's a bit about us...

combined income of $132,000
both credit scores in the 700's
about $50,000 to put down
She's a lawyer for a medical worker's union
He manages after school programs
We'd enjoy working on a fixer-upper as long as it doesn't have any major problems.
We're not looking for new best friends. We're looking for business partners who are stable, sane, and not pretentious or supremely annoying.

We've just started to research this, but it seems like the thing to do is create a LLC, buy the building as a company, and then create a co-op. While this sounds like a bureaucratic hassle, the thought of owning and living in our own building makes it worth it.

If you're interested, reply to the board and we'll go from there.

thanks.

psklyn

I'm interested in this option, having come to the same conclusion as you. I just found out I have to move, so I haven't done to much looking. Drop me a line and let's chat.

zzzap

i'm interested as well. i've been thinking about buying but can't make it work with these overpriced coops/condos in the area...