All Forum Posts by: Iftear Naser

Hello All,

I am currently prepping myself to get involved in real estate. I am hoping to become an investor however, my current market proposes a challenge. I am from New York City and as many of you know this isn't the best place for a new investor. I was wondering if anyone could tell me what resources and techniques they use to analyze market trends. I am having trouble figuring out what areas are doing well in my region and identifying a good time to buy. If anyone could share any resources to help me analyze markets, and maybe even assess potential deals that would be very much appreciated.

Thank you,

Iftear

@Jerry Padilla

With that rule, would it consider other people as part of the self sufficiency if I were to partner up with someone?

I also heard that FHA considers the income of the tenants as well so maybe if I find a property with preexisting tenants?

Hello, I am 25 years old and currently living in NY. I am looking to get started investing in real estate, specifically owner occupied rental properties/house hacking. However, the challenge is that properties in NY are ridiculously expensive and the more affordable houses are the ones that are secluded in areas I am not sure people would want to live in. I have considered FHA loans which would help my case but still with the over priced houses in this area my fear is that if I buy a property and am not able to find tenants soon enough I'd be stuck with a very expensive mortgage. If anyone could offer any guidance or strategies that could help me combat this situation that would be great.