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Updated about 3 years ago on . Most recent reply

User Stats

59
Posts
23
Votes
Kate Jones
  • New to Real Estate
  • Long Island, NY
23
Votes |
59
Posts

Investing in other states

Kate Jones
  • New to Real Estate
  • Long Island, NY
Posted

Hey everyone. I am looking to buy my first house-hacking home within a few months. I am located on Long Island, NY where homes are higher in price. I am 21 and I do not have much money. I am learning as much as I can and I am in college finishing up this Spring. 

When I buy my first home, should I do it via FHA loan?

-Does anyone suggest long distance real estate? 

-Perhaps wait until I have more money and more connections?

-Maybe purchase a few rental properties on Long Island then start buying outside of New York once I have more money?

-Should I stay in New York and diversify my basket (condos, apartments, etc.) 

- Any tips or suggestions you can give me?

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