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Updated almost 5 years ago, 12/18/2019

Vincent Sottile's profile image
Vincent Sottile's profile image
Vincent Sottile
  • from New York
  • Member since Sep 12, 2019
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User Stats

25
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6
Votes
Vincent Sottile's profile image
Vincent Sottile's profile image
Vincent Sottile
  • from New York
  • Member since Sep 12, 2019
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Vincent Sottile
  • New York
6
Votes |
25
Posts
Buying & Selling Real Estate

NYC Real Estate: Should I rent or buy?

Vincent Sottile
  • New York
Posted

I'm currently working in NYC and paying rent. If I could find a 1 bedroom or studio that is affordable, would it be worth it to buy? Or should I just try to find cheaper rent and focus on investing in real estate elsewhere? Ideally, I would use this property to live in for the next few years and eventually turn it into a rental or sell.

I'm wondering if NYC is worth the major capital I'd have to put in.

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