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Updated about 5 years ago on . Most recent reply

Leonardo Carrasco's profile image
Leonardo Carrasco's profile image
Leonardo Carrasco
  • Rental Property Investor
  • from New York City, NY
  • Member since Aug 1, 2019
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Leonardo Carrasco's profile image
Leonardo Carrasco's profile image
Leonardo Carrasco
  • Rental Property Investor
  • from New York City, NY
  • Member since Aug 1, 2019
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Leonardo Carrasco
  • Rental Property Investor
  • New York City, NY
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General Real Estate Investing

Where should a Newbie start investing?

Leonardo Carrasco
  • Rental Property Investor
  • New York City, NY
Posted

Where should a Newbie from NYC start investing in rental properties? New Jersey? PA? Connecticut? Upstate NY? Which place is landlord friendly? I'm looking to start in SFH or hopefully a multifamily. Thanks in advance!

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Joseph Scorese's profile image
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Joseph Scorese
  • Banker
  • from Philadelphia
  • Member since Aug 25, 2009
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Joseph Scorese's profile image
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Joseph Scorese
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  • from Philadelphia
  • Member since Aug 25, 2009
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Joseph Scorese
  • Banker
  • Philadelphia
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Joseph Scorese
  • Banker
  • Philadelphia
Replied

Hi @Leonardo Carrasco

how are you. It all boils down to what you can afford mortgage wise. How much liquid assets are you working with, Credit, DTI buying power - this will determine your buy in capacity whether it is a house hack or brrrr strategy.

regards joe scorese

  • Joseph Scorese
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