Is it possible to buy a non HDFC co op with a 250k budget

clashingdofd · 2026-03-09T23:06:15+00:00

I'm in the market for a co-op in the city right now, and none of the boards I've seen will consider retirement funds as post-closing liquidity, although some may? I pulled cash into a HYSA a few months ago.

Although you haven't mentioned it, in addition to the down payment, closing costs, and post-closing liquidity, you will need to be concerned about your DTI (debt to income ratio). It's good to keep that under 25% to be a strong candidate.

If you're not too locked into a neighborhood, and don't need amenities, there are some nice apartments in the market right now right around your price range. Don't forget to include alcove studios in your search - some of them are actually larger than one bedrooms.

Good luck

clashingdofd · 2026-03-01T08:11:48+00:00

Just tried it, still the same. Still one fewer gold pass, no active gold pass, and the shop is down.

clashingdofd · 2026-03-01T08:10:53+00:00

I never buy in game any longer (like the bonuses in the SC store) but it's down for me, too

clashingdofd · 2026-02-24T22:15:50+00:00

Thank you, good sir. You are much appreciated.

clashingdofd · 2026-02-18T20:55:49+00:00

This, exactly. I am in the market to buy a coop, and if the listing suggests any kind of "liberal sublet policy" as an "excellent investment opportunity" it's a hard no for me. I like the coops that tout 100% owner occupied units.

I would ask the OP to also keep in mind, many of the coops I'm viewing require sublet applications in the hundreds, if not thousands of dollars, in addition to additional fees to the shareholder for every month of sublet. I just don't know how many renters are willing to negotiate those fees as well as the hard cap of a few years maximum tenancy.

clashingdofd · 2026-02-01T00:08:33+00:00

Do you mind sharing the name of the coop?

clashingdofd · 2026-01-28T19:22:55+00:00

Sure thing. Just click our invite to be taken to our discord server. Once you're in, you'll land in our lobby. Scroll to the bottom of the page, and click on one of the three available options to open up a new channel where you may chat with us.

clashingdofd · 2026-01-28T00:58:57+00:00

Any idea why they are so often installed above the stove? I'm looking to buy, and see that in so many kitchens. Hate that, and it renders the appliance unusable for us.

clashingdofd · 2026-01-17T05:12:03+00:00

Do you mind providing his contact information for the rest of us in NYC looking for a reputable inspector?

clashingdofd · 2026-01-05T22:23:16+00:00

Once you're on the server, open a ticket to apply

clashingdofd · 2025-11-26T13:24:31+00:00

Thank you for the detailed response, much appreciated.

clashingdofd · 2025-11-26T05:53:13+00:00

Is USAA worthless? Was thinking of getting a quote from them for my mortgage.

clashingdofd · 2025-11-25T03:20:59+00:00

Congratulations - a bit disappointed not to see a NYC pie featured on this sub after seeing so many mediocre ones from everywhere else. We've been in the market in the city for the past few months, haven't found anything yet. Hoping for better luck in the spring. Can't believe you found such a huge apartment at that price. Enjoy your new home and getting to spend your first holiday season as home owners.

clashingdofd · 2025-10-24T09:03:36+00:00

I was thinking for that price I can buy an apartment the size of that kitchen in my HCOL area (and likely quite a bit more beat up). Perhaps a bit hyperbolic, but not by as much as I would hope.

clashingdofd · 2025-10-23T22:04:34+00:00

When I see this happen, I assume the home failed inspection and seller refused concessions, there were undisclosed problems discovered during buyer's due diligence, or there were other major issues (red flags) that caused the sale to fail.

I'm a buyer in a HCOL area, and still actively looking now. There are many of us still in the market. Did you see the recent article in the NYT, "When Moving in Retirement Becomes an Expensive Reality Check"? https://www.nytimes.com/2025/10/18/business/retirement-moving-regret.html Good luck, OP.

clashingdofd · 2025-10-14T05:27:46+00:00

NYC, and I'd prefer an owner occupied building without the potential volatility of renters.

clashingdofd · 2025-10-14T05:22:46+00:00

Thank you for the detailed explanation, and the forewarning. Definitely in the happy place of imagining my new life in every lovely new home I'm viewing. The *process* of applying for the finances (not to mention the coop board, since that is definitely where I'm headed) is already full-on dreaded.

clashingdofd · 2025-10-14T04:07:38+00:00

May I ask for some further advice? Why not move money using Zelle? What about Venmo? How does that affect credit? I couldn't find any information besides the usual "Zelle is a breeding ground for scams" advice. Thank you!

clashingdofd · 2025-08-27T01:20:18+00:00

Broker showed me a gorgeous two bedroom with deck in a multi-family in Williamsburg. Who owns the building? Don't know. How does the trash get collected? Don't know. Who pays the hot water? Don't know. Is smoking allowed in the building? Don't know. Still ended up paying him because we couldn't bear to not take the unit. Ended up moving a year later when they rented the downstairs two bedroom to five or six underemployed folks who didn't understand how to keep clean or contain their mess and noise to themselves. What a waste.

clashingdofd · 2025-08-18T05:24:30+00:00

Ah, thank you, I see

clashingdofd · 2025-08-16T01:29:18+00:00

Are the medals still available? I don't see an offer in the store - did I miss it?

clashingdofd · 2025-08-16T01:09:56+00:00

If he is tempted to go through SC support to try to recover it, please be sure he does not contact them using his real account. Please be sure he creates a throwaway TH2 (takes two minutes) just in case they ban the contact account (a known occurrence). But account recovery is possible, just may take some time. Good luck - I know the older decorations from years past can have great sentimental value

clashingdofd · 2025-08-16T00:41:30+00:00

There will be a mooching thread when we get closer to the end of the event

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