My problem i is my market is super expensive if I stay in the nyc area and I don’t have the confidence since I don’t have any actual experience to invest out of state do you guys think paying off my mortgage would be more beneficial than looking for more rentals .

Here’s what renters should know.Trump also didn’t provide any more money to help renters.

any help from anyone would be appreciated?

Currently I am taking my real estate courses to achieve my license so I would be able to invest and learn more about real estate.

Hello all - Long story but any help would be much appreciated.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today. 

It’s likely to at least pay for itself or help the property sell faster.Talk to a few local agents to confirm how much buyers in the area value a garage.

I hope that helps.

If you need help analyzing a deal, DM me, and I’ll point you in the right direction!

Ensuring your rental market can sustain these costs will help maintain profitability over time.The 7% DSCR loan is relatively high, and refinancing later at a lower rate could improve your long-term cash flow.

Hopefully that helps!