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Updated over 6 years ago on . Most recent reply

User Stats

109
Posts
15
Votes
William D.
  • Staten Island, NY
15
Votes |
109
Posts

Finding the 1% rule and the elusive 2% rule.

William D.
  • Staten Island, NY
Posted

BP!! 

Let me preface this post by saying I havent purchased any investment properties, only my primary residence. I also live in NYC. 

Is the 1% or 2% rule mostly only attainable if you buy at a low price, foreclosure, or cash, and put work into it?  

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