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All Forum Posts by: Johnny Tsu

Johnny Tsu has started 7 posts and replied 11 times.

Post: what kind of property I should aim?

Johnny TsuPosted
  • Real Estate Agent
  • New York City, NY
  • Posts 12
  • Votes 7
Hi guys, I'm a beginner in this field, please don't laugh if I asked some stupid questions. I currently want to invest a property in New York metro area, I refinanced my own house and got 500,000 cash on hand. Monthly mortgage payment is roughly 6000 not including property tax. My goal is to invest a property that can cover all my mortgage payment and hopefully some extra income. Which area should I aim or is there even possible for me to find such property?