{ "media_type": "text", "post_content": "NYC fish: how much was your first property, and how much was your down payment? thinking of buying soon. 10% cash down on a $400-$500k studio/one bed... if i can find it in BK. original timeline was 3-5 yrs, but now wondering if it’s worth it to pay PMI and catch the market downturn in the city (feels like it’s coming fast)", "post_id": "5ef1119faaeefa0020e53b07", "reply_count": 13, "vote_count": 1, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter", "feed_type": "bowl" }

NYC fish: how much was your first property, and how much was your down payment? thinking of buying soon. 10% cash down on a $400-$500k studio/one bed... if i can find it in BK. original timeline was 3-5 yrs, but now wondering if it’s worth it to pay PMI and catch the market downturn in the city (feels like it’s coming fast)

Posting as :
works at
You are currently posting as works at

Low interest rates will likely offset any pmi


thanks! what about at 5%?

Do not do studio....it will not be enough space and you will regret it.


additional context: i’m 28, have a separate emergency fund set aside, and am maxing out my retirement vehicles, so i wouldn’t be taking from other pools of money to come up with the 10%

also a scenario where i potentially only have 5% (pay off high interest student loans instead) - what are thoughts on 5% v 10% down?

If you don’t mind, what is your HHI?

Your going to buy a STUDIO to share with your spouse? I feel like you’ll regret this quickly

You'll be looking at condos for 10% down Coops have minimums that are set by the building not by the bank for maximum that can be financed.

220k in Astoria and put 20% down . This was in 1997 btw

550k with 10% down in Brooklyn. This was in 2011. Condo.

Being in Chicago, seeing this pricing upsets me

$380k for 2 bed/1bath in Queens (walking distance from LIRR). Monthly maintenance was $850. Nicely kept elevator with residence who were younger working professionals and empty nesters.

Additional Posts

Has anyone here switched from a big 4 to a smaller firm? What was your reason for switching and do you have any regrets?


Could anyone please suggest the salary range For VP(Program Management) in Citi Bank London? YOE - 11 Years 5 Months


Are you a TRANSACTIONAL employee or ~*~ENGAGED~*~employee? 🤦‍♀️

Post Photo

12 yoe, Azure architect, current CTC 21 lpa . For last 9 years in TCS only. Had two onsite in past with steady growth. Got an offer of 33 LPA fixed from Deloitte. Should I switch or continue in TCS ? Appreciate suggestions from the senior members please.


Good resources for resumes? (Mostly looking for sample resumes of b-school applicants)


Hey all...I am negoatiating an offer with Accenture India- Capability Network ,Strategy and Consulting. They are hiring me at Manager level (L7) at 38 fixed LPA and 32% variable that makes it a total of 50 LPA. Is it a good offer? I have total experience of 9 years. Any thoughts will be appreciated.


It’s funny how in a bull market everyone is convinced you can’t time the market and you have to keep buying no matter how ridiculous valuations get. Then as soon as we hit a bear market people become equally convinced that they can time the bottom and buying stocks is throwing money down the drain. Guess the nature of bubbles never really changes.


Why is PMO work bad? Can someone explain?


Anyone have recommendations for a remote/hybrid positions in Central Florida. Currently have 3 1/2 years of experience in financial services, a Bachelors Degree in BA and Series 65.


Normally would be annoyed by the gay FA flirting with me, but since He hung up my jacket and moved me to an exit row while I'm in coach, I'll accept the flattery


I’ve had issues since high school, but just formally got diagnosed with ADHD. I’ve always managed to get by okay at work (I’m no super star), but remote meetings have been really difficult for me and I now feel like I’m barely hanging on. Trying meds now, but no benefits yet. Pros and Cons of disclosing the diagnosis to my team, partner, or firm? I’m torn.


inhand slaary of 10 lpa


Post new user


I’m about to demote my title and chop 10 years off my resume. The part that hurts is those years have some great brands and my time at BBDO. But I hear this is the only way to get work again. Ugh.


Anyone work at LivePerson? Or work their in the past? Pros? Cons? Thinking of accepting an amazing offer.


Help- our across the hall (apartment) neighbors have poor boundaries! Now we’re in a pandemic and our kids have been sort of friends in the past, but their kid is more socially needy than ours. We can’t do play dates, need to stay somewhat isolated for the safety of elder family members, but they keep pushing. They also refuse to accept how demanding our work is and they seem to treat us as privileged people making excuses since their backgrounds and values differ from ours. (Continued...)


By far the hardest phone call I’ve ever made but…today, I officially came out to my parents! Literally feel like the biggest weight has been lifted off my shoulders. Turning 30 this year, came out (to the people I was the most afraid to come out to) on the last day of Pride month, and left consulting for my dream job in Tech. So happy to finally live my best life in public now!


As a staff 1, if you had a job opportunity that would double your current salary, would you take it?


New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here


Embed this post

Copy and paste embed code on your site


Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or