Loan Approval of up to $800K

[Senad Pali]

Good afternoon. I have recently been approved for  a conventional mortgage loan of up to $800k. I have been looking in the NYC area (Staten Island) but everything is on fire around the 5 boroughs and have been out bid. I have been also looking in the New Jersey area but taxes are a bit high out there. I am not too familiar with the area. I know when you look to buy in a income producing property, they say buy close to where you live. Any other states out there that anybody knows of where you can make a profit on your investments. Anybody else buy out of state for a rental income investment? Thank you

[Darren Sager]

@Senad Pali with that type of budget you should be able to get a solid performing property in NJ near a train station that will be a long term performer.