HELO!New Beginner investor looking for guidance in Westchester NY

[Eder Aldana]

HELLO!

Newbie here ,my name is Eder and I currently live in the town of Peekskill, NY. My current strategy is to (House Hack) I been actively looking for a 3 to 4 unit and want to find a fixer upper that I can fix and increase the value, also this is going to be my first property ever so I want to make sure I make the right decision , I been looking at the towns of Ossining ,Peekskill  , Mahopac ,Beacon, Cold Springs , Putnam Valley,  Wappinger's Falls, Fishkill . 

My question is , if there any investors currently investing in any of this towns or county's , please could you provide some advice on investing in this areas. Also I do have a great realtor and awesome mortgage broker working with me. My Max price is 400k that im willing to go to, I do have a Pre Approval and were looking to finance using the 3.5 FHA loan , Please any Advice is welcome? !!! THANK YOU

[Raul R.]

Is 400k just for Purchase price or does it include rehab cost?
Keep in mind taxes, as I’m sure you know taxes are high in Westchester..
Look for a good closing attorney, if you don’t have one your agent can suggest.
BP just came out w Leases & Documents for NY state review by NY lawyers for $100.
Once you’re at that step and if you will be managing your own properties look for these documents in BP, $100 is worth it because they are reviewed by lawyers and whatever you find online is probably not..