Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

6
Posts
6
Votes

Advice For A Newbie Buying A FourPlex in NY

Glenn Brathwaite
Posted

Hello everyone , I’m 26 years old I have a stable income and I am looking to buy a multi family 3 units and up. I have never owned a property. Someone will co-sign with me if necessary. My issue is New York is quite pricey and I’m not sure if it’s the right place or and obtainable goal in NY.

I was hoping to get an FHA loan to make this a possibility. My credit score is above a 760 and I don't have much debt. I'm also open to going the Hard money lender route to do a BRRR.

Realistically I don’t see my self leaving New York to get a property. I’m open to all suggestions about financing and loans.

Thank you all in advance !

Loading replies...