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All Forum Posts by: Michael Clarke

Michael Clarke has started 1 posts and replied 3 times.

Innovative Strategies

Post: Real Estate in New York City

Michael ClarkePosted
  • Posts 3
  • Votes 1

@Trevor Ewen thank you !

1 Vote
Innovative Strategies

Post: Real Estate in New York City

Michael ClarkePosted
  • Posts 3
  • Votes 1

@Basit Siddiqi 40k is definitely not a lot but I believe that my salary will increase quickly. And I am planning on getting my CFA certification which I believe will increase my chances of getting promoted into a better position.

However, thank you for your response. I will look more into FHA loans.

0 Votes
Innovative Strategies

Post: Real Estate in New York City

Michael ClarkePosted
  • Posts 3
  • Votes 1

I am a recent college graduate with a degree in Economics (concentration in finance). I am working an entry level position at a large nonprofit organization. My salary is about 40k.

I want to get into Real Estate investing but properties in New York City are extremely expensive and saving up the capital to even make a down payment seems impossible.

I was wondering if anyone could suggest any strategies on how to start my real estate investing journey. Should I move out of the city or consider investing in properties outside of New York ? HELP !

0 Votes