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Updated over 8 years ago on . Most recent reply

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Charles Huang
  • brooklyn, NY
0
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10
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Looking in queens Nyc

Charles Huang
  • brooklyn, NY
Posted
I've been ready a lot on this forum now I have finally saved up enough money to start investing in multi family homes, any suggestions would be greatly appreciated , I have bit over 100k in savings

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26
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Brian Wang
  • Investor
  • Elmhurst, NY
13
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26
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Brian Wang
  • Investor
  • Elmhurst, NY
Replied

go to far rockaway. you can still find good cap rate rental properties, as well as future growth in appreciation next to the rockaway beach developments surrounding areas. there arent many deals in queens, even when you find it at times, often its either REO or Short sale and would require you to close with cash. or if you have do your own marketing and get your own first hand leads, you might have a shot.

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