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ninfragile19
Guest
I found an awesome loft for sale in my hometown. It used to be an old mill that was converted to resident lofts a few years ago. It's only 650SF, but it has some nice features such as:
- five windows
- exposed brick
- brand new stainless steel appliances
- hardwood floors throughout
- major utilities paid for in the $193/mo condo fee (only electricity is out-of-pocket)
- close to major attractions (commuter rail, post-office, nightlife, etc)
I found the price at $135,000 to be attractive and am considering going for it. My older brother who really doesn't have much going for him and never owned a place of his own is telling me that a studio loft is not a good 1st time purchase for someone whose 27. He's really hot on me getting something with seperate bedrooms (probably so I can take him in, which I won't, but I'll deal with that later). I plan on being there for at least 5 years and will keep it as rental property if and when I buy something bigger. What's your take?
- five windows
- exposed brick
- brand new stainless steel appliances
- hardwood floors throughout
- major utilities paid for in the $193/mo condo fee (only electricity is out-of-pocket)
- close to major attractions (commuter rail, post-office, nightlife, etc)
I found the price at $135,000 to be attractive and am considering going for it. My older brother who really doesn't have much going for him and never owned a place of his own is telling me that a studio loft is not a good 1st time purchase for someone whose 27. He's really hot on me getting something with seperate bedrooms (probably so I can take him in, which I won't, but I'll deal with that later). I plan on being there for at least 5 years and will keep it as rental property if and when I buy something bigger. What's your take?